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At 30th September 2019, the balance in the cash amount of Wordsworth Co was $9,300....

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Accounting

At 30th September 2019, the balance in the cash amount of Wordsworth Co was $9,300. The Bank Statement for the same date shows a balance of $10,500.

Prepare a bank reconciliation statement in good form as of September 30th 2019. image

ACC 1135 Assignment Six Name: Score Due Date: 26 March 2020 A. Bank Reconciliation: At 30th September 2019, the balance in the cash account of Wordsworth Co was $9,300. The bank statement for the same date shows a balance of $10,500. On investigation of the difference between the two sums, it was established that: a. Cheques in the amount of $700 had not yet cleared the bank b. A deposit in the amount of $450 was made late on 30th September and was not shown on the bank statement. c. A cheque from Mrs. Jones to the amount of $190 was returned to the bank due to insufficient funds. d. A customer's note was collected by the bank on the company's behalf to the amount of $1250 less $50 service fee to the bank. e. The bank charged $60.00 for processing fees Task: 1. Prepare a bank reconciliation statement in good form as of September 30th 2019 (11 points) 2. Journalize the necessary entries to bring the cash account up-to-date (4 points)

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