question archive The following information is for Crane Company in September:1
The following information is for Crane Company in September:1
Subject:AccountingPrice: Bought3
The following information is for Crane Company in September:1.Cash balance per bank, September 30, $7,0002.Cash balance per books, September 30, $5,4703.Outstanding cheques, $3,3104.Bank service charge, $255.NSF cheque from customer, $2006.Deposits in transit, $1,6847.EFT receipts from customers in payment of their accounts, $758.Cheque #212 was correctly written and posted by the bank as $428. Crane Company had recorded the cheque as $482 in error. The cheque was written for the purchase of supplies.(a)Prepare a bank reconciliation at September 30, 2017. (List items that increase balance as per bank & books first.)
