The following information pertains to the bank transactions of Chase Company: a. Cash on the books...

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The following information pertains to the bank transactions of Chase Company: a. Cash on the books as of September 30 was $3,225. Cash as shown on the bank statement for the same date was $5,200. b. Deposits in transit totaled $600. c. Outstanding checks totaled $825. d. Bank service charges for September amounted to $50. e. The bank collected $2,100 for Crawford Company on a note left for collection. The amount of the note was $1,000. The other $100 collected was for interest. f. An NSF check for $300 from a customer, Jack Coyle, was returned with the statement 1. Prepare a bank reconciliation for Chase Company as of September 30. 2. Prepare any necessary journal entries. OMIT EXPLANATIONS. The following information pertains to the bank transactions of Chase Company: a. Cash on the books as of September 30 was $3,225. Cash as shown on the bank statement for the same date was $5,200. b. Deposits in transit totaled $600. c. Outstanding checks totaled $825. d. Bank service charges for September amounted to $50. e. The bank collected $2,100 for Crawford Company on a note left for collection. The amount of the note was $1,000. The other $100 collected was for interest. f. An NSF check for $300 from a customer, Jack Coyle, was returned with the statement 1. Prepare a bank reconciliation for Chase Company as of September 30. 2. Prepare any necessary journal entries. OMIT EXPLANATIONS.

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1 Bank Reconciliation for Chase Company as of September 30 Cash per Books 3225 Add Deposits in Tran... View the full answer