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 Balance, February 1 $51, 100 February 2 #101 $15,500 35,600 February 4 $ 8,000 43,600 February 5 NSF $330 43,270 February 9 #102 11,300 31,970 February 12 #103 7,700 24,270 February 14 10,500 34,770 February 19 #104 9,300 25, 470 February 23 14,550 40,020 February 26 #105 6,900 33,120 February 27 Interest earned 170 33,290 February 28 Service charge 40 33,250 Balance Feb. 1 Feb. 2 Feb. 13 Feb. 21 Feb. 28 Cash (A) 51,100 8,000 15,500 10,500 11,300 14,550 7,700 8,000 9,300 6,900 1,250 40,200 Feb. 1 Feb. 7 Feb. 11 Feb. 17 Feb. 25 Feb. 29 #101 #102 #103 #104 0105 #106 Feb. 29 Balance Tony Company's bank reconciliation at the end of January showed no outstanding checks. No deposits were in transit at the end of January, but a deposit was in transit at the end of February Required: 1. Prepare a bank reconciliation for February. TONY COMPANY Bank Reconciliation At February 29 Company's Books Ending Balance Per Cash Account Additions: Bank Statement Ending Balance Per Bank Statement Additions: 0 0 0 0 Deductions: Deductions: 0 0 Up-to-Date Cash Balance $ O Up-to-Date Cash Balance $ 0 Required information View transaction list Journal entry worksheet A B C Record the interest of $170 received from the bank. ok Note: Enter debits before credits Transaction General Journal Debit Credit 1 Record entry Clear entry View general journal Q GO 3 4 5 7 00 9 W E 20 T Y U S D F G . J K Journal entry worksheet Record the return of the customer check of $330 due to insufficient funds. Note: Enter debits before credits. Transaction General Journal Debit Credit 2 Record entry Clear entry View general journal Journal entry worksheet B > Record the service charges of $40 deducted by the bank. Note: Enter debits before credits. Transaction General Journal Debit Credit 3 Record entry Clear entry View general journal 3. After the reconciliation journal entries are posted, what balance will be reflected in the Cash account in the ledger? Balance in Cash Account