Bank Reconciliation February 28, 2012 Bank: Balance, February 28, 2012 Add: Deposit of February 28 in transit $ 3,070 2,400 5,470 Less: Outstanding checks issued on Feb 25 (5500 and Feb 27 (S900) :(1,400) Adjusted bank balance, February 28, 2012 4,070 Books: Balance, February 28, 2012 Add: Bank collection of note receivable $ 4,09s 1,000 15 5,110 Interest revenue earned on bank balance Less: Service charge s 10 NSF check EFT-Rent expense 700 330 (1,040) Adjusted book halance, February 28, 2012 $4,070 irement 2 Feb 28 Cash 1,000 Note Receivable 1,000 Note receivable collected by bank. 28 Cash 15 Interest Revenue 15 Interest earned on bank balance. 28 Miscellaneous Expense Cash 10 10 Bank service char Accounts Receivable NSF check returned by bank. Cash 700 28 Rent Expense 330 Cash 330 Monthly rent expense