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Required: 1. Prepare a bank reconciliation schedule in proper form at February 28. Firebird Corp. Bank Reconciliation February 28 Cash balance from bank statement Add:
Required: 1. Prepare a bank reconciliation schedule in proper form at February 28. Firebird Corp. Bank Reconciliation February 28 Cash balance from bank statement Add: Less: Adjusted cash balance Cash balance from company records Add: Less: Adjusted cash balance 2. What is the amount of cash that should be reported on the February 28 balance sheet? Amount of cash reported on the February 28 balance sheet $ Firebird Corp. prepares monthly bank reconciliations of its checking account balance. The bank statement for February indicated the following: Upon receiving the bank statement, Firebird's accountants analyzed its cash transactions for possible reconciling items between its cash balance per books and the bank statement: The correct amount of check 7853 is $897. It was recorded as a cash disbursement of $879 by mistake. The check was issued to pay for merchandise purchases. The check appeared on the bank statement correctly
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