Required information [The following information applies to the questions displayed below.) The bookkeeper at Tony Company has asked you to prepare a bank reconciliation as of February 29. The February bank statement and the February T-account for cash showed the following (summarized): BANK STATEMENT Checks Deposits Other Balance, February 1 Balance February 2 $ 61,300 #101 $ 18,500 February 4 42,800 $ 14,000 February 5 56,800 NISE $ 390 56,410 February 9 #102 13,100 43, 110 February 12 w123 8,980 34,410 February 14 16,500 50.910 February 19 104 11,100 39,810 February 23 16,950 56,760 February 26 3105 8,100 18,660 February 27 Interest earned 290 48,950 February 28 Service charge SO 48.900 Cash (A) Credit Debit Balance February 1 February 2 February 13 February 21 February 28 61,300 14,000 16,500 16,950 9,200 18,500 1), 100 5,900 11,100 $ 100 1.550 February 1 February February 11 February 17 February 25 February 29 101 102 -103 -100 WIOS 106 February 29 Balance 56.700 Tony Company's bank reconciliation at the end of January showed no outstanding checks. No deposits were in transit at Required: 1. Prepare a bank reconciliation for February Bank Statement Ending Balance Per Bank Statement Additions: TONY COMPANY Bank Reconciliation At February 29 Company's Books Ending Balance Per Cash Account Additions: O 0 0 Deductions: Deductions 0 0 Up to Date Cash Balance 5 Up to Date Cash Balance 0 0 $ 2. Prepare any journal entries required as a result of the bank reconciliation (If no entry is required for a transac "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet