This is a continuation of the bank reconciliation examples. We did January in class and you completed February as homework.This is information for March:

Bank Reconciliation

March 2021

Cash balance on

our books

Cash balance on

Bank Statement

$ 6,111.02

$ 6,237.87

NSF Check (64.50)

NSF Fee (12.50)

Bank Fees (3.00)

Interest revenue 4.00

Outstanding checks:

Check 329	(317.09)
check 330	(25.25)
check 326	(100.00)
check 315	(50.50)

Deposit in Transit 89.99

Correct balance $ 6,035.02

Correct balance $ 5,835.02

Why arent these balances equal?

Deposits, credits and Interest \begin{tabular}{lrrr} & Date & \multicolumn{1}{c}{$} \\ deposit & 28-Feb & 156.50 & \\ deposit & 3-Mar & 623.58 & \\ deposit & 10-Mar & 990.98 & \\ deposit & 17-Mar & 1,325.99 & \\ deposit & 25-Mar & 1,250.36 & \\ interest & 28-Mar & 4.00 & \\ total deposits, credits and interest & & 4,351.41 \end{tabular} \begin{tabular}{lr} \hline Account Activity Summary & \\ Balance February 28, 2021 & 7,222.20 \\ Deposits, credits and interest & 4,351.41 \\ Checks & (5,255.74) \\ Other withdrawls & (80.00) \\ Balance March 28, 2021 & 6,237.87 \\ \hline \hline \end{tabular}