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At the end of February, Howard Productions accounting records reveal a balance for cash equal to $19,150. However, the balance of cash in the bank

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At the end of February, Howard Productions accounting records reveal a balance for cash equal to $19,150. However, the balance of cash in the bank at the end of February is only $2,535. Howard is concerned and asks the company's accountant to reconcile the two balances. Examination of the bank statement and company records at the end of February reveals the following information: $ 140 474 $5,203 Service fees 7,617 Checks outstanding NSF checks Deposits outstanding In addition, during February the company's accountant wrote a check to one of its suppliers for $125. The check was recorded correctly in the company's records for $125 but processed incorrectly by the bank for $1.250. Howard has contacted the bank, which has agreed to fix the error. Finally, a petty cash fund of $3,000 was established during February This amount was withdrawn from the checking account but not recorded. February (Amounts to be deducted should be indicated with b Required: Calculate the correct ending balance of cash at the end minus sign.) Na 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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