1. Prepare the bank reconciliation for Ayers Associates at February 28, 2018, 2. Journalize the entries based on the bank reconciliation Bank Statement for February 2018 $ 3,995 Beginning balance Deposits: Feb 7 $ 800 1,800 1,100 3,700 Checks (total per day): Feb 8 16 $ 400 3,100 1,100 (4,600) Other items: Service charge NSF check from M. E. Crown Bank collection of note receivable for the company (10) (700) 1,000 (330) EFT-monthly rent expense Interest revenue earned on account balance $ 3,070 Ending balance 4end_summary (book/static) Question The cash account of Ayers Associates at February 28, 2018, is as follows: E: (Click the icon to view the cash account.) Ayers deposits all cash receipts in the bank and makes all payments by check. Ayers Associates received the following bank statement on February 28, 2018 (negative amounts are in parentheses): E (Click the icon to view the bank statement.) Read the requirements. Requirement 1. Prepare the bank reconciliation of Ayers Associates at February 28, 2018. Begin with the bank section, then complete the book section. (Include the balances at February 28 in each of the addition subtotal calculations. If a box is not used in the table, leave the box empty; do not select a label or enter a zero.) Ayers Associates Bank Reconciliation February 28, 2018 Add: Less: Cash Feb 1 Bal 3 3,995 Feb 800 1,800 1,100 2,400 4,095 400 3,100 1,100 500 900 Feb 28 Bal