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This problem has 2 questions: On February 28, 2020, Jem Company received its bank statement. The chief accountant was in the process of preparing its
This problem has 2 questions: On February 28, 2020, Jem Company received its bank statement. The chief accountant was in the process of preparing its bank reconciliation for the month. The following data were made available: Cash balance, February 28, 2020 Note collected by the bank Interest earned from the note above NSF check from customer 2,190,000 150,000 15,000 195,000 3,000 Bank service charges on the NSF Other bank service charges 4,500 Deposit of February 28 placed in the night depository 127,500 Outstanding checks 438,000 Check issued by Rem Company charged to Jem Company by the bank in error 30,000 What is the unadjusted balance per bank
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