Question 3: (10 Marks)

Sofia is a cashier at Sanofi international company who has made following bank reconciliation statement in the absence of expert accountant for month of February 28, 2021. Sofia International Company Reconciliation Statement of Bank 28 February 2021
Balance per bank statement, Feb 28 Add: Deposit in transit Collection of note from Farms Sub total Less: Outstanding Checks: No. 831 863 888 Adjusted cash balance per bank statement	$4,320.60 3,000.00 $340.30 800.50 145.20	$18,299.40 7,320.60 $26,620.00 1,186.00 $25,434.00
Balance per accounting records, Feb 28 Add: Credit memoranda from bank Subtotal Less: Debit memoranda from bank NSF check Bank Service charges Adjusted cash balance per accounting records	1,500 25.00	$29,959.00 3,000.00 $26,959.00 1,525.00 $25,434.00