This information relates to the Cash account in the ledger of...
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Accounting
This information relates to the Cash account in the ledger of Sandhill Company. Balance September 1-$19,970; Cash deposited-$64,000 Balance September 30-$21,170; Checks written-$62,800 The September bank statement shows a balance of $20,070 at September 30 and the following memoranda Credits Debits Collection of electronic funds transfer $2,030 NSF check: H. Kane $760 85 Interest earned on checking account 70 Safety deposit box rent At September 30, deposits in transit were $4,963 and outstanding checks totaled $2,608
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