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The bookkeeper at Tony Company has asked you to prepare a bank reconciliation as of February 29. The February bank statement and the February
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 Deposits Other Checks Balance, February 1 Balance $ 65,600 February 2 #101 $ 19,800 45,800 February 4 $ 16,500 62,300 February 5 NSF $415 61,885 February 9 #102 13,900 47,985 February 12 #103 9,450 38,535 February 14 19,000 57,535 February 19 #104 11,900 45,635 February 23 18,000 63,635 February 26 #105 8,650 54,985 February 27 February 28 Interest earned Service charge 340 55,325 55 55,270
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