Preparing a bank Reconciliation Statement:

The July 31 bank statement for Parkview Company indicated a cash balance of $5,000.17.

The cash ledger account on that date shows a balance of $4,262.83.

Four outstanding checks totaled $717.75.

A $410.90 deposit made after banking hours on July 31 does not appear in the bank statement.

On July 30, the bank returned J.B. Balls NSF check for $50.25, received as payment of an account receivable.

The bank statement showed $24.74 interest earned on the bank balance for the month of July. The bank collected a non-interest bearing note on July 22 for $500 and charged a $5 collection fee.

Check 893 for telephone expenses cleared the bank for $85 but was erroneously recorded in our books as $58.

The bank charged a July service charge of $12.00.