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The Following Information Is Needed to Reconcile the Cash Balance $5,800 \$ 5,800

Question 205

Essay

The following information is needed to reconcile the cash balance for Natural Landscaping Services.
*A deposit of $5,800 \$ 5,800 is in transit.
*Outstanding checks total $1,500 \$ 1,500 .
*The book balance is $6,800 \$ 6,800 at February 28,2019 .
*The bookkeeper recorded a $1,740 \$ 1,740 check as $17,400 \$ 17,400 in payment of the current month's rent The bank balance at February 28, 2019 was $18,000 \$ 18,000 .
*A deposit of $400 \$ 400 was credited by the bank for $4,000 \$ 4,000
*A customer's check for $3,700 \$ 3,700 was returned for nonsufficient funds.
*The bank service charge is $60 \$ 60 .
Based on this information,prepare a bank reconciliation for Natural Landscaping Services as of February 28,2019.

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