McDermott Company's Bank Statement for September 30 Showed an Ending

McDermott Company's bank statement for September 30 showed an ending cash balance of $1,350.The company's Cash account in its general ledger showed a $995 debit balance.
The following information was also available as of September 30.
The bank deducted $125 for an NSF check from a customer deposited on September 15.
The September 30 cash receipts,$1,250,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 $15 debit memorandum for checks printed by the bank was included with the canceled checks.
Outstanding checks amounted to $1,145.
Included with the bank statement was a credit memo in the amount of $875 for an EFT in payment of a customer's account.
Included with the canceled checks was a check for $275,drawn on the account of another company.
Required:
Part a.Prepare a bank reconciliation as of September 30.
Part b.Prepare the journal entries for the items on the company's bank reconciliation as of September 30.

Correct Answer:

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Part a.
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