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The information below relates to the Cash account in the ledger of Crane Artworks (amounts...

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Accounting

The information below relates to the Cash account in the ledger of Crane Artworks (amounts in thousands).
Balance September 1-17,000;
Cash deposited -$64,000.
Balance September 30-$17,604;
Checks written- $63,396.
The September bank statement shows a balance of 16,622 on September 30 and the following memoranda.
At September 30, deposits in transit were 4,550, and outstanding checks totaled 2,483.
Prepare the bank reconciliation at September 30.(Reconcile the bank balance first and then the book balance. List items that increase
balances first.)
CRANE SA
BankReconciliation
September 30
image

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