4. Required information The following information applies to the questions displayed below) The bookkeeper at Tony Company has asked you to prepare a bank reconciliation as of February 29. The February bank statement and the February T-account for cash showed the following (summarized): Part 1 of 3 10 points Other BANK STATEMENT Cheeks Deposita #101 $13,500 $14,000 02:04:05 MSP $390 Balance, February 1 February 2 February 4 February 5 February February 12 February 14 February 19 February 23 February 26 February 27 February 28 102 13,100 2103 8.900 -104 11,100 Balance 361,300 42,800 56,800 56, 410 43,310 34,410 50,910 39,810 56,760 48,660 48,950 48.900 16,500 Print 16,950 #105 8,100 Interest earned Service charge 290 Balance Feb. 1 Feb. 2 Feb. 13 Teb. 21 Feb. 20 Cash A 61,300 14,000 18,500 16,500 13,100 8,900 9,200 11,100 8,100 1,550 56.700 Feb. 1 Feb. 7 Feb. 11 Teb. 17 Feb. 25 Feb. 29 #101 #102 2103 2104 105 2106 Feb. 29 Balance Tony Company's bank reconciliation at the end of January showed no outstanding checks. No deposits were in transit Tor February Part 1 of 3 10 points TONY COMPANY Bank Reconciliation At February 29 Company's Books Ending Balance Per Cash Account Additions: Bank Statement Ending Balance Per Bank Statement Additions: 8 02:03:51 eBook Print Deductions Deductions: Up-to-Date Cash Balance Up-to-Date Cash Balance 2. Prepare any journal entries required as a result of the bank reconciliation. (If no entry is required for a transaction/e "No Journal Entry Required" in the first account field.) View transaction list *** X 29 A Record the interest of $290 received from the bank. B Record the return of the customer check of $390 due to insufficient funds. C Record the service charges of $50 deducted by the bank. Credit Note: - Journal entry has been entered chapter 5 Homework i Saved Help Save BARN BLERONE Checks Deposits Other 6 #101 $18.500 $14,000 NSE Balance, February 1 February 2 February February 5 February February 12 February 14 February 19 February 23 February 26 February 27 February 28 #102 #103 13,100 8,900 Part 3 of 3 Balance $61,300 42,800 56,800 $390 56, 410 43,310 34, 410 50,910 39,810 56,760 48.660 290 48,950 50 48,900 16,500 #104 11,100 16,950 #105 8,100 2 points Interest earned Service charge 02:03 Balance Feb. 1 Teb. 2 Feb. 13 Feb. 21 Feb. 20 Book Cash(A) 61,300 14,000 18,500 16.500 13,100 16.950 9.20011, 100 8.100 1.550 56,700 Feb. 1 Feb. 7 Feb. 11 Feb. 17 Feb. 25 Feb. 29 4101 2102 103 2100 2105 Print Teb. 29 Balance Tony Company's bank reconciliation at the end of January showed no outstanding checks. No deposits were in transit at the end of January, but a deposit was in transit at the end of February 3. After the reconciliation journal entries are posted, what balance will be reflected in the Cash account in the ledger? Balance in Cash Account
