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  3. the information below relates to the cash account

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

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Accounting

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The information below relates to the Cash account in the ledger of Waterway Company. Balance September 1-$17.270; Balance September 30-$17.804; Cash deposited $64,390. Checks written-$63,856. The September bank statement shows a balance of $16,822 on September 30 and the following memoranda. Debits Credits Collection of $1,692 note plus interest $38 Interest earned on checking account $1,730 $625 NSF check: Richard Nance Safety deposit box rent $53 $73 At September 30, deposits in transit were $4,650, and outstanding checks totaled $2,583 Prepare the adjusting entries at September 30, assuming (1) the NSF check was from a customer on account, and (2) no interest had been accrued on the note (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually) No. Account Titles and Explanation Debit Credit Sept. 30 (To record note receivable.) Sept. 30 (To record interest earned.) Sept. 30 (To record NSF check.) Sept. 30

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