prepare a bank reconcilations at August 31, 2017

Question 2 Kingbird, Inc.'s bank statement from Main Street Bank at August 31, 2017, gives the following information. Balance A 1 August deposits Check deared in August Bank rememorandum Interest earned $18.70 Bank e mendum 71.370 S ty deposit box fee 68.598 Service charge Balance, August 31 125 A summary of the Cash account in the ledger for August shows the following: balance, August 1, $19,070; receipts $74,370; disbursements $73,490; and balance, August 31, $19,950. Analysis reveals that the only reconciling items on the July 31 bank reconciliation were a deposit in transit for $4,880 and outstanding checks of $4,580. In addition, you determine that there was an error involving a company check drawn in August: A check for $400 to a creditor on account that cleared the bank in August was journalized and posted for $40. 30-20 20 -10 o 10 10 ? 20 RESET Cancel & Done August 31, 2017 Cash balance per bank statement Add Deposits in transit Less . Outstanding checks Adjusted cash balance per bank Safety deposit box rent Add . Adjusted cash balance per books Less