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| McDermott Company’s bank statement for September 30 showed an ending cash balance of $1,532. The company’s Cash account in its general ledger showed a $1,190 debit balance. |
| The following information was also available as of September 30. |
| • | The bank deducted $190 for an NSF check from a customer deposited on September 15. |
| • | The September 30 cash receipts, $1,380, were placed in the bank’s night depository after banking hours on that date and this amount did not appear on the September 30 bank statement. |
| • | A $28 debit memorandum for checks printed by the bank was included with the canceled checks. |
| • | Outstanding checks amounted to $1,340. |
| • | Included with the bank statement was a credit memo in the amount of $940 for an EFT in payment of a customer’s account. |
| • | Included with the canceled checks was a check for $340, drawn on the account of another company. |
| Required: |
| a. | Prepare a bank reconciliation as of September 30. |
| b. | Prepare the journal entries for the items on the company’s bank reconciliation as of September 30. (If no entry is required for a transaction/event, select “No journal entry required” in the first account field.) |
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