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need help with bank reconciliation The bank portion of last month's bank reconciliation for 5 unland Ltd, at February 28 was as follows: The reconciled
need help with bank reconciliation
The bank portion of last month's bank reconciliation for 5 unland Ltd, at February 28 was as follows: The reconciled cash balance per bank agreed with the reconciled cash balance per books after the bank recancitiation at February 28 . The March bank statement showed the following: Sunland's cach receipts and payments for the month of March showed the following: Additional information: 1. The EFT Ioan payment should have been recorded by the company on March 15, but this entry was missed. The payment included $83 of interest and a $1.123 payment on the loan principal. 2. The bank made an error processing cheque a 3472 . 3. The EFT collection from M, Boudreault was not previoushy recorded. 4. Bank service charges and debit and credit card processing fees totaling $89 were not previously recorded. Bank Reconciliation March 31 No, 3473 Reconciled cash balance per bank Balance per books Add % EFT collection-Boudreault Less : EFT loan payment ? NSF cheque and fee-Mustafa Service charges Step by Step Solution
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