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BANK RECONCILIATION: Prepare a bank reconciliation and journal entries for Cartwright Company as of October...

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Accounting

BANK RECONCILIATION: Prepare a bank reconciliation and journal entries for Cartwright Company as of October 31, using the following information: Cash balance on October 31 bank statement...... $10,410. Cash account balance in general ledger..... $9,890. Deposit made on October 31, not recorded on bank statement.... $1,865. Note collected by bank ($1,200 plus $60 in interest)...... $1,260. Oustdanding checks: No. 567, $800; No. 569, $452..... $1,252. Debit memorandum from bank for a NSF check written by J. Lane in payment of his account..... $100. In addition, Cartwright recorded Check No. 548 written for $152 in payment of the October utiity bill as $125 in the cash payment journal.

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