The cali data at lown &r Coumy B

Casli

HeN

Irl. Ref

Delit

Credit

Date

Balance

10 IRB

19,294

7,941

Mar

31

JI

Balance

CRIO

CP 16

9 100

11,353

Date

Mat:

17

25

31

Total

Cash Debit

$2,716

544

1.655

806

367

890

2,038

89.106

Check No

1413

1414

1415

1416

1417

1418

119

1420

1421

1427

Total

On March 31, 20X5, Town & Country received this bank statement:

Bank Statement for March 20X5

Beginning balance

Deposits and other Credits:

Mar.

Cash Credit

$ 1,165

1,001

450

8

175

88*

1 126

970

200

2 267

511,353

$10.188

15

18

25

31

Checks and other Debits:

Mar

5 625 EFT

2.716

544

1 655

896

367

890

1,400 BC

9.093

$ 441 NSF

1.465

1.004

14

450

15

19

340 EFT

22

775

29

88

31

4.216

31

25 SC

(8,812)

Ending balance

$10.469

Explanation: BC-_-bank collection, EFT- elecuonic funds translet, NSF--nonsufficient funds check,

Ca service charpe

Additional data for the bank reconciliation:

1. The EFT deposit was for monthly rent revenue. The EFT debit was for monthly insurance

expense.

b. The NSF check was received late in February from a customer.

c. The $1,400 bank collection of a note receivable on March 31 included $122 interest

revenue.

d. The correct amount of check number 1419, a payment on account, is $4.216. (The Town

& Country accountant mistakenly recorded the check for $4.126)

I Required

1. Prepare the bank reconciliation of Town & Country Builders ar March 31, 20X5