Bank reconciliation Exercises

First exercise :

The bank statement for Laird Company shows a balance per bank of $ 15907.45 on April 30. On this date the balance of cash per books is $ 11589.45

Laird determines the following reconciling items:

April 30 deposit (received by bank on May 1) $ 2201.40

Outstanding checks $ 5904

Errors: Laird wrote the check no. 443 for $ 1226 and the bank correctly paid that amount, however Laird recorded the check as $ 1262

Bank memoranda:

Debit - NSF check from JR for $ 425.60

Debit charges for printing company checks $ 30

Credit collection of note receivable for $ 1000, plus interest earned $ 50 , less collection fee $15

Required: prepare bank reconciliation