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Kingbird, Inc.s bank statement from Main Street Bank at August 31, 2017, gives the following information. Balance, August 1 $18,770 Bank debit memorandum: August deposits
Kingbird, Inc.s bank statement from Main Street Bank at August 31, 2017, gives the following information.
| Balance, August 1 | $18,770 | Bank debit memorandum: | ||||
| August deposits | 71,370 | Safety deposit box fee | $ 105 | |||
| Checks cleared in August | 68,598 | Service charge | 130 | |||
| Bank credit memorandum: | Balance, August 31 | 21,432 | ||||
| Interest earned | 125 |
Prepare a bank reconciliation at August 31. (List items that increase balance as per bank & books first.)
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