The information below relates to the Cash account in the ledger of Wildhorse Company.

Balance September 1—$17,180; Cash deposited—$64,400.

Balance September 30—$17,764; Checks written—$63,816.

The September bank statement shows a balance of $16,782 on September 30 and the following memoranda.

Credits

Debits

Collection of $1,670 note plus interest $40
$1,710
NSF check: Richard Nance
$605

Interest earned on checking account
$55
Safety deposit box rent
$75

At September 30, deposits in transit were $4,630, and outstanding checks totaled $2,563.

Prepare the bank reconciliation at September 30. (List items that increase cash balance first. Reconcile cash balance per bank first.)

Wildhorse Company
Bank Reconciliation
choose the accounting period

select an opening name for section one (Cash balance per bank statement/ Deposits in transit/ Outstanding checks/ Collection of note receivable/ Bank service charge/ Adjusted cash balance per bank/ Interest earned/ NSF check/ Safety deposit box rent/ Adjusted cash balance per books/ Cash balance per books)

$ ?

select between addition and deduction                                                                      AddLess:

select a reconciling item (Cash balance per bank statement/ Deposits in transit/ Outstanding checks/ Collection of note receivable/ Bank service charge/ Adjusted cash balance per bank/ Interest earned/ NSF check/ Safety deposit box rent/ Cash balance per books/ Adjusted cash balance per books)

enter a dollar amount

enter a subtotal of the two previous amounts

select between addition and deduction                                                                      LessAdd:

select a reconciling item (Cash balance per bank statement/ Deposits in transit/ Outstanding checks/ Collection of note receivable/ Bank service charge/ Adjusted cash balance per bank/ Interest earned/ NSF check/ Safety deposit box rent/ Cash balance per books/ Adjusted cash balance per books)

enter a dollar amount

select a closing name for section one (Cash balance per bank statement/ Deposits in transit/ Outstanding checks/ Collection of note receivable/ Bank service charge/ Adjusted cash balance per bank/ Interest earned/ NSF check/ Safety deposit box rent/ Adjusted cash balance per books/ Cash balance per books)

$ total

select an opening name for section two (Cash balance per bank statement/ Deposits in transit/ Outstanding checks/ Collection of note receivable/ Bank service charge/ Adjusted cash balance per bank/ Interest earned/ NSF check/ Safety deposit box rent/ Cash balance per books/ Adjusted cash balance per books)

$ ?

select between addition and deduction                                                                      AddLess:

select a reconciling item (Cash balance per bank statement/ Deposits in transit/ Outstanding checks/ Collection of note receivable/ Bank service charge/ Adjusted cash balance per bank/ Interest earned/ NSF check/ Safety deposit box rent/ Cash balance per books/ Adjusted cash balance per books)

$ ?

select a reconciling item (Deposits in transit/ Outstanding checks/ Cash balance per books/ Collection of note receivable/ Bank service charge/ Adjusted cash balance per books/ Interest earned/ NSF check/ Safety deposit box rent/ Cash balance per bank statment/ Adjusted cash balance per bank)
$ ?

subtotal of the two previous amounts

total amount for the first part

Less/Add:

select a reconciling item (Deposits in transit/ Outstanding checks/ Cash balance per books/ Collection of note receivable/ Bank service charge/ Adjusted cash balance per books/ Interest earned/ NSF check/ Safety deposit box rent/ Adjusted cash balance per bank/ Cash balance per bank statment)
enter a dollar amount

select a reconciling item (Deposits in transit/ Outstanding checks/ Cash balance per books/ Collection of note receivable/ Bank service charge/ Adjusted cash balance per books/ Interest earned/ NSF check/ Safety deposit box rent/ Adjusted cash balance per bank/ Cash balance per bank statment)
enter a dollar amount

enter a subtotal of the two previous amounts

select a closing name for seciton two (Deposits in transit/ Outstanding checks/ Cash balance per books/ Collection of note receivable/ Bank service charge/ Adjusted cash balance per books/ Interest earned/ NSF check/ Safety deposit box rent/ Adjusted cash balance per bank/ Cash balance per bank statment)

$enter a total amount for section two

Question

The information below relates to the Cash account in the ledger of Wildhorse Company.

Balance September 1—$17,180;		Cash deposited—$64,400.
Balance September 30—$17,764;		Checks written—$63,816.

The September bank statement shows a balance of $16,782 on September 30 and the following memoranda.

Credits	Debits
Collection of $1,670 note plus interest $40	$1,710	NSF check: Richard Nance	$605
Interest earned on checking account	$55	Safety deposit box rent	$75

At September 30, deposits in transit were $4,630, and outstanding checks totaled $2,563.

Prepare the bank reconciliation at September 30. (List items that increase cash balance first. Reconcile cash balance per bank first.)

Wildhorse Company Bank Reconciliation choose the accounting period
select an opening name for section one (Cash balance per bank statement/ Deposits in transit/ Outstanding checks/ Collection of note receivable/ Bank service charge/ Adjusted cash balance per bank/ Interest earned/ NSF check/ Safety deposit box rent/ Adjusted cash balance per books/ Cash balance per books)			$ ?
select between addition and deduction AddLess:	select a reconciling item (Cash balance per bank statement/ Deposits in transit/ Outstanding checks/ Collection of note receivable/ Bank service charge/ Adjusted cash balance per bank/ Interest earned/ NSF check/ Safety deposit box rent/ Cash balance per books/ Adjusted cash balance per books)			enter a dollar amount
				enter a subtotal of the two previous amounts
select between addition and deduction LessAdd:	select a reconciling item (Cash balance per bank statement/ Deposits in transit/ Outstanding checks/ Collection of note receivable/ Bank service charge/ Adjusted cash balance per bank/ Interest earned/ NSF check/ Safety deposit box rent/ Cash balance per books/ Adjusted cash balance per books)			enter a dollar amount
select a closing name for section one (Cash balance per bank statement/ Deposits in transit/ Outstanding checks/ Collection of note receivable/ Bank service charge/ Adjusted cash balance per bank/ Interest earned/ NSF check/ Safety deposit box rent/ Adjusted cash balance per books/ Cash balance per books)			$ total

select an opening name for section two (Cash balance per bank statement/ Deposits in transit/ Outstanding checks/ Collection of note receivable/ Bank service charge/ Adjusted cash balance per bank/ Interest earned/ NSF check/ Safety deposit box rent/ Cash balance per books/ Adjusted cash balance per books)			$ ?
select between addition and deduction AddLess:
select a reconciling item (Cash balance per bank statement/ Deposits in transit/ Outstanding checks/ Collection of note receivable/ Bank service charge/ Adjusted cash balance per bank/ Interest earned/ NSF check/ Safety deposit box rent/ Cash balance per books/ Adjusted cash balance per books)		$ ?
select a reconciling item (Deposits in transit/ Outstanding checks/ Cash balance per books/ Collection of note receivable/ Bank service charge/ Adjusted cash balance per books/ Interest earned/ NSF check/ Safety deposit box rent/ Cash balance per bank statment/ Adjusted cash balance per bank)		$ ?
				subtotal of the two previous amounts
				total amount for the first part
Less/Add:
select a reconciling item (Deposits in transit/ Outstanding checks/ Cash balance per books/ Collection of note receivable/ Bank service charge/ Adjusted cash balance per books/ Interest earned/ NSF check/ Safety deposit box rent/ Adjusted cash balance per bank/ Cash balance per bank statment)		enter a dollar amount
select a reconciling item (Deposits in transit/ Outstanding checks/ Cash balance per books/ Collection of note receivable/ Bank service charge/ Adjusted cash balance per books/ Interest earned/ NSF check/ Safety deposit box rent/ Adjusted cash balance per bank/ Cash balance per bank statment)		enter a dollar amount
				enter a subtotal of the two previous amounts
select a closing name for seciton two (Deposits in transit/ Outstanding checks/ Cash balance per books/ Collection of note receivable/ Bank service charge/ Adjusted cash balance per books/ Interest earned/ NSF check/ Safety deposit box rent/ Adjusted cash balance per bank/ Cash balance per bank statment)			$enter a total amount for section two

Accepted Answer

Part 1 Bank Reconciliation

Wildhorse Company

Bank Reconciliation at Sep 30

$
$

Balance…