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ABC Corporation had a general ledger balance of $3,999.85@ February 28, 2023. The February bank statement had a balance of $4,150. At month end there

image text in transcribed ABC Corporation had a general ledger balance of $3,999.85@ February 28, 2023. The February bank statement had a balance of $4,150. At month end there was a deposit in transit of $2,890. The bank had collected a note receivable February 15 th of $900 and interest of $36 on the note was also collected. Outstanding cheques amounted to $2,136.05. ABC Company recorded cheque #747 as $582.00 but the cheque was written for $58.20 and went thru the bank as such. The bank statement had service charges of $30.50. A Cheque in the amount o $453.20 was returned NSF A cheque written for $491 was recorded in the G/L as $419. Required: Prepare the bank reconciliation and corresponding journal entries. ONE SIDE BANK BALANCE AND OTHER SIDE BALANCE PER GENERAL LEDGER(BOOK BALANCE)

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