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estion #2 e following information pertains to the bank activities of Steph mpany on August 31, 2023: a) The bank statement showed a balance
estion #2 e following information pertains to the bank activities of Steph mpany on August 31, 2023: a) The bank statement showed a balance of $14,100 on August 31, 2023. b) The general ledger showed a balance of $10,500 on August 31, 2023. c) The bank incorrectly added a check to Lee's account for $1,200. d) The bank collected a note on behalf of Lee Company for $5,300 from Martin Co. The face value of the note was $4,900 e) A check written for $929 was incorrectly recorded by Lee Company as $299. It was used to purchase rent in advance. f) Included with the bank statement was an NSF check of $725 from our customer, Stevens Company. g) Total outstanding checks for the month of August were $1,600. h) Interest on Lee Company's average account balance was $180. i) There were deposits in transit of $3,200. j) Bank service charges for the month of August were $125. Required: 1) Prepare a bank reconciliation for Steph Company.
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