•The Bank Account as a control device that helps to protect cash. One of the requirements is to conduct periodic bank statement reconciliations. Using the following data, complete a bank statement reconciliation or EEE Electric for the month of September. The Bank statement indicated bank service charges of $63. Outstanding checks as of September 30 amounted to $1,405. Deposits in transit as of September 30 amounted to $2,769. The ending balance per the September bank Statement is $40,653. Then: EEE bookkeeper mistakenly recorded a $1,610 cash disbursement as $1,160 for Office Supplies on check#2402. The bank mistakenly recorded a deposit of $2,800 as $280 on February 17. The bank made an EFT payment on behalf of the company for Insurance for $3,200. The bank collected rent of $3,000 and a note, for $16,450, including interest of $450. The ending cash balance per the books for September before any adjustments was $28,800.

Question

•The Bank Account as a control device that helps to protect cash.  One of the requirements is to conduct periodic bank statement reconciliations.  Using the following data, complete a bank statement reconciliation or EEE Electric for the month of September.  The Bank statement indicated bank service charges of $63.  Outstanding checks as of September 30 amounted to $1,405.  Deposits in transit as of September 30 amounted to $2,769.  The ending balance per the September bank Statement is $40,653.  Then: EEE bookkeeper mistakenly recorded a $1,610 cash disbursement as $1,160 for Office Supplies on check#2402.  The bank mistakenly recorded a deposit of $2,800 as $280 on February 17.  The bank made an EFT payment on behalf of the company for Insurance for $3,200.  The bank collected rent of $3,000 and a note, for $16,450, including interest of $450.  The ending cash balance per the books for September before any adjustments was $28,800.