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Prepare a bank reconciliation for bend company

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Reference no: EM13511536

Prepare a bank reconciliation for Bend Company at January 31, 2012, using the information shown.

1. Cash per the accounting records at January 31 amounted to $228,909; the bank statement on this same date showed a balance of $204,008.

2. The canceled checks returned by the bank included a check written by DeVoe Company for $6,987 that had been deducted from Bend's account in error.

3. Deposits in transit as of January 31, 2012, amounted to $33,442.

4. The following amounts were adjustments to Bend Company's account on the bank statement:

a. Service charges of $64.

b. An NSF check of $4,100.

c. Interest earned on the account, $110.

5. Checks written by Bend Company that have not yet cleared the bank include four checks totaling $19,582.

Reference no: EM13511536

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