The following information is needed to reconcile the cash balance for Next Ltd company. 1. A deposit of $20,300 is in transit. 2. The book balance is $75,180 at February 28, 2023. 3. Bank statement includes $7,000 deposit of interest revenue which is not recorded in the compay's account 4. The bank balance at February 28, 2023 was $63,000. 5. Outstanding checks total $14,280. 6. A customer's check for $12,950 was returned for nonsufficient funds. 7. The bank service charge is $210. Based on this information, prepare a bank reconciliation for Next Ltd company as of February 28, 2023. Answer: ADD: LESS: BANK Next Ltd company Bank Reconciliation February 28, 2023 ADD: LESS: 4 Marks BOOK