Balance, February $28$

Service charge for February

Interest earned during February

NSF check from Valerie Corp. $($deposited by Firebird$)$

Note $($$$16,000)$ and interest $($ $$350)$ collected from a customer of Firebird's

$$87,492$

$100$

$850$

$660$

$16,350$

Checking account balance per Firebird's books

Outstanding checks as of February $28$

$$69,420$

$6,440$

$4,790$

Deposit in transit at February $28$

$6,440$

Error in recording check $7853$ issued by Firebird

$4,790$

$18$

Required:

Prepare a bank reconciliation schedule in proper form at February $28.$

Firebird Corp.

Bank Reconciliation

February $28$

Cash balance from bank statement

$

Add:

Deposit in transit

Less:

Adjusted cash balance

Cash balance from company records

Add:

$2$ more Check My Work uses remaining.

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