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40 points Problem 2 BANK RECONCILIATION & JOURNAL ENTRIES Dodge Company developed the following information in recording its bank statement for the month of February.
40 points Problem 2 BANK RECONCILIATION & JOURNAL ENTRIES Dodge Company developed the following information in recording its bank statement for the month of February. Balance per books February 28 9,570 Balance per bank statement February 28 11,100 Checks written in February but still outstanding 4,290 Checks written in January but still outstanding 830 Deposits of February 27 not yet recorded by the 5,020 NSF check of customer returned by bank 630 Bank service charge for February 30 The bank statement included a debit memo regarding an EFT to Pasco Utilities for $540. The bank collected a note receivable behalf of the company for $2,200 plus interest revenue of $340. (No interest revenue had been accrued) 5 06 07 Check #210 to Beldron Enterprises for $345 was correctly issued and paid by the bank, but incorrectly entered in the cash payments journal as payment on account for $435. 08 39 10 11 12 13 Instructions: Prepare the bank reconciliaiton at February 28 Prepare the necessary journal entries that result from the bank reconciliaiton
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