Prepare a bank reconcilation statement


Presented below is informatin related to Anderson Inc. 1)Balance as per books at 1.31.2013, $41,847.85; receipts $173,523.91 and disbursements $164,893.54. Balance as per bank statement at 2.28.2013, $56,274.2. The following checks were outstanding at 2.28.2013: #1124 for $1,635.29; #1230 for $2,468.30; #1232 for $2,125.15 and #1233 for $482.17 Incuded in the February bank statement and not recorded by the company were a bank debit memo for $27.40 covering bank charges for the month, a debit memo for $372.13 for a customer's check returned and marked NSF, and a credit memo for $1400 representing bond interest collected by the bank in the name of Anderson Inc. Cash on hand at 2.28.2013 recorded and awaiting deposit amounted to $1,915.40 a. Prepare a bank reconcilation statement at 2.28.2013 for Anderson Inc. b. Prepare any journal entry required to adjust the cash account at 2.28..

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Accounting Basics: Prepare a bank reconcilation statement
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