8) The following information is needed to reconcile the cash balance for Natural Landscaping Services. (8pts)

A deposit of $5,800 is in transit.

Outstanding checks total $1,500.

The book balance is $6,800 at February 28, 2019.

The bookkeeper recorded a $1,740 check as $17,400 in payment of the current month's rent.

The bank balance at February 28, 2019 was $18,000.

A deposit of $400 was credited by the bank for $4,000.

A customer's check for $3,700 was returned for nonsufficient funds.

The bank service charge is $60.

Based on this information, prepare a bank reconciliation as of February 28, 2019.

Answer:

Bank Book

Add: Add:

Less: Less:

_________ _________

Adjusted balance Adjusted balance

February 28, 2019 February 28, 2019