bolance shown on the bonk stotement on the ame date ws$.$ $$13,997.$

Notes

a$.$ The firm's recoros indeate that a $$1,600$ deposit duted August $30$ snd s $$601$ deposit dated August $31$ do not sppesr on the bank stotement.

b$.$ A servlee charge of $$28$ and $s$ deblt memorsndum of $$230$ eovering on NSF check hove not yet been entered in the firms cecords. $($The check wos lsued by Andy Stein, sereoit customer$)$

c$.$ The following checks were lsaed but hove notyet been pold by the banke

Gieck $712,$$$120$

dick $713,$$$138$

Check $716,$$$250$

Chack $136,$ $$577$

Gick $739,$ & $78$

anck $741,3120$

d$.$ A credt memorandum shows that the bank colected a $$2,095$ note recelvable and intercst of $$55$ ior the firm. These on ounts have not yet been entered in the firm's record:

Required:

Prepare a bank reconclistion statement for the firm os of Auguat $31.$

Record general journal entries for items on the bonk reconclistion statement that must be joume lzed. Dote the enties August $31.20$X$1.$

Anslyze:

What effect did the Journal entries recorded $5$ s o result of the bank reconcliation hove on the fundamental accounting equation?

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Prepare a bank reconcilistion statement for the firm as of Auqust $31.$

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