Hi!

How would I solve parts 1 and 2?

QUESTION 2 {2o marks} Rex Kamehameha has just receiyed the February 2821 bank statement fer Double Rainbow Airlines. Pertinent information is summarized below: Balance per bank statement Feanary 28 18,138 Outstanding cheques - 11813 Bank se ryice charges - 48 Deposit of February 28 net yet appearing on the bank statement 1,214 General ledger balance 8348 Error in deposit of Febmary 15 from cash sales; $882 deposit was entered in company records as $828 In error, the bank withdrew funds from the Double Rainbow bank account instead of the correct bank customer ABC Consulting. The amount of the item was $181 The bank charged our account with $28 in service charges The bank statement showed the bank coltected an $888 note receivable for us and deposited the funds in our account. They charged us $88 for the service. REDUI RED: A} Prepare a bank reconciliation, in good form? for Doubt-e Rainbow Airlines at February 28, 2821. [15 marks} Et} Prepare the necessary adjusting journal entries to record the information from the bank reconciliation. {5 marks} {Umit headings and explanations.)