Question - The following information relates to Davidson, Inc. for January.
A. The balance on the bank statement for January 31 is $4,917.18.
B. The cash balance recorded in Davidson-s books is $5,085.92.
C. Cash receipts for January 31 of $1,230.50 were deposited after 5:00 p.m. and were not listed on the bank statement.
D. The following checks were outstanding on January 31: check number 427 for $45.00, check number 436 for $446.28, and check number 437 for $654.40.
E. A memo included in the bank statement for $80.00 is for a customer-s check that was returned for non-sufficient funds.
F. Interest earned during January was $4.16.
G. A check that was incorrectly recorded in Davidson-s check register for $10.10 cleared the bank for $18.18.
Make a two-column bank reconciliation for January.