Problem

On October 7, 2013, Peter Chen, Attorney-at-Law, received his September bank statement fro...

On October 7, 2013, Peter Chen, Attorney-at-Law, received his September bank statement from First Texas National Bank. Enclosed with the bank statement was a debit memorandum for $118 that covered an NSF check issued by Annette Cole, a credit customer. The firm’s checkbook contained the following information about deposits made and checks issued during September. The balance of the Cash account and the checkbook on September 30 was $8,134.

INSTRUCTIONS

1. Prepare a bank reconciliation statement for the firm as of September 30, 2013.
2. Record general journal entries for any items on the bank reconciliation statement that must be journalized. Date the entries September 30, 2013.

DATE	TRANSACTIONS
Sept. 1	Balance	$6,500
1	Check 104	100
3	Check 105	10
3	Deposit	500
6	Check 106	225
10	Deposit	410
11	Check 107	200
15	Check 108	75
21	Check 109	60
22	Deposit	730
25	Check 110	16
25	Check 111	80
27	Check 112	140
28	Deposit	900