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At the end of February, Howard Productions' accounting records reveal a b cash equal to $19.210. However, the balance of cash in the bank at

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At the end of February, Howard Productions' accounting records reveal a b cash equal to $19.210. However, the balance of cash in the bank at the end of February is only $1,185. Howard is concerned and asks the company's accountant to reconcile the two balances. Examination of the bank statement and company records of the end of February reveals the following information $156 486 $5,263 Service fees 7.677 Checks outstanding NSF checks Deposits outstanding In addition, during February the company's accountant wrote a check to one of its suppliers for $135. The check was recorded correctly in the company's records for $135 but processed incorrectly by the bank for $1.350. Howard has contacted the bank, which has agreed to fix the error. Finally, a petty cash fund of $4,200 was established during February. This amount was withdrawn from the checking account but not recorded. Required: Calculate the correct ending balance of cash at the end of February. (Amounts to be deducted should be indicated with a minus sign.) HOWARD PRODUCTIONS Bank Reconciliation February 28 Bank's Cash Balance Company's Cash Balance Per bank statement Per general ledger Company balance per reconciliation Bank balance per reconciliation

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