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Take me to the text Consider the following bank reconciliation, general ledger, and bank statement for CM Coffee. CM Coffee Bank Reconciliation January 31, 2021
Take me to the text Consider the following bank reconciliation, general ledger, and bank statement for CM Coffee. CM Coffee Bank Reconciliation January 31, 2021 4,380 Cash balance per books 5,646 Add Cash balance per bank statement Add Outstanding deposit 1,370 Interest earned 14 Deduct Deduct outstanding cheques NSF cheque 480 Cheque #69 910 NSF service charge 20 Cheque #70 660 1,570 EFT - Rent 950 Bank service charge 30 1,480 Adjusted bank balance 4,180 Adjusted book balance 4,180 Account: Cash GL. No. 101 Date Explanation DR CR Balance Feb 1 Opening balance 4,180 DR Feb 9 Cheque #71 Feb 14 Deposit 890 940 3,240 DR 4,130 DR Feb 16 Cheque #72 430 3,700 DR Feb 28 Deposit 2,120 5,820 DR Feb 28 Cheque #73 1,110 4,710 DR Date Bank Statement Explanation Withdrawal Deposit Balance Feb 1 Opening balance 4,380 Feb 2 Deposit 1,370 5,750 Feb 3 Cheque #70 660 5,090 Feb 9 Cheque #71 940 4,150 Feb 14 Deposit 890 5,040 Feb 16 Cheque #72 430 4,610 Feb 26 EFT-monthly rent expense 950 3,660 Feb 27 Deposit 2,120 5,780 Feb 28 Service charges 30 5,750 Feb 28 Interest on bank account 13 5,763 Additional Information The deposit from Feb 27, contains a cheque from the customer who provided an NSF cheque from the month before. The customer paid the original amount of $480, plus the $20 charge. Required Using last month's bank reconciliation, bank statement, and general ledger provided, prepare a bank reconciliation for CM Coffee for February 28, 2021. Do not enter dollar signs or commas in the input boxes. Do not use the negative sign. CM Coffee Bank Reconciliation Cash balance per bank statement Deduct outstanding cheques Cheque #69 Cheque #73 Adjusted bank balance February 28, 2021 Cash balance per books Add Interest on bank account Deduct EFT - Rent Bank service charge Adjusted book balance
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