Working Capital

Question 0

AR t-account

Answer 0

\+        AR         -
----------------------
Beg.       | write off
Cr. sales | convert to note
              | cash collections
-----------------------
End

Question 1

How to adjust for a bank recon

Answer 1

Deposits in transit + to bank
Outstanding checks - from bank
Service charges - from book
Bank collections + to book 
NSF - from book
Interest income + to book