This information relates to the Cash account in the ledger of Crane Company
Balance September 1-$19,750; Cash deposited-$64,000
Balance September 30-$20,950; Checks written-$62,800
The September bank statement shows a balance of $19,850 at September 30 and the following memoranda.
Credits
Collection from customer of electronic funds transfer
Interest earned on checking account
$2,030
70
Debits
NSF check: H. Kane
Safety deposit box rent
$760
85
At September 30, deposits in transit were $4.963 and outstanding checks totaled $2,608.
Answers: 2
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This information relates to the Cash account in the ledger of Crane Company
Balance September 1-$19...
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