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The following information is needed to reconcile the cash balance for Fire Steel linc. February 28 Cash balance is $31,466 per the general ledger. The
The following information is needed to reconcile the cash balance for Fire Steel linc. February 28 Cash balance is $31,466 per the general ledger. The February 28 bank statement balance is $70,616, and includes the following items. - Bank service charge for June, \$50 - NSF check returned with June bank statement, \$2,300 - Note collected for your company by the bank in June, $25,000 - Interest on note collected by the bank in June, \$2,500 - Outstanding checks as of the end of June, $21,000 - Deposit in transit at the end of June, \$7,000 Based on this information, prepare a bank reconciliation for Fire Steel Inc. as of February 28, 2022. The bank reconciliation must include both the bank and book side. Please use the format below as a guide
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