The bookkeeper at Tony Company has asked you to prepare a bank reconciliation as of February 29, The February bankstatement and the February T-account for cash showed the following (summarized):Balance, February 1February 2February 4February 5February 9February 12February 14February 19February 23February 26February 27February 28DebitFebruary 11 BalanceFebruary 2February 13February 21February 28#101#102#103#104e in Cash Account#105CheckaCash (A)18,0009,700BANK STATEMENTDeposits$ 19,80063,43013,9009,45011,9008,65065,60016,500 19,80019,000 13,9009,45011,9008,6501,670$ 16,50019,00018,000NSFInterest earnedService chargeCreditOtherFebruary 1February 7February 11February 17February 25February 29#101#102#104#105#106$41534055Balance$ 65,60045,80062,30061,88547,98538,53557,53545,63563,63554,98555,32555,270February 29 BalanceTony Company's bank reconciliation at the end of January showed no outstanding checks. No deposits were in transit atthe end of January, but a deposit was in transit at the end of February.er the reconciliation journal entries are posted, what balance will be reflected in the Cash account in the ledger?

The bookkeeper at Tony Company has asked you to prepare a bank reconciliation as of February 29. The February bank statement and the February T-account for cash showed the following (summarized) Balance, February 1 February 2 February 4 February 5 February 9 February 12 February 14 February 19 February 23 February 26 February 27 February 28 bruary 11 bruary 2 bruary 13 aruary 21 ruary 28 ruary 29 Debit Balance Balance #101 #102 #103 #104 #105 Checks $ 19,800 BANK STATEMENT Deposits 13,900 9,450 Cash (A) 63,430 11,900 8,650 65,600 16,500 19,800 19,000 13,900 18,000 9,450 9,700 11,900 8,650 1,670 $ 16,500 19,000 18,000 NSF Interest earned Service charge Credit Other February 1 February 7 February 11 February 17 February 25 February 29 #101 102 #103 #104 #105 #106 $ 415 340 55 Balance $ 65,600 45,800 62.300 61,885 47,985 38,535 57,535 45,635 63,635 54,985 55,325 55,270 Company's bank reconciliation at the end of January showed no outstanding checks. No deposits were in transit at nd of January, but a deposit was in transit at the end of February. econciliation journal entries are posted, what balance will be reflected in the Cash account in the ledger?

The bookkeeper at Tony Company has asked you to prepare a bank reconciliation as of February 29. The February bank statement and the February T-account for cash showed the following (summarized) Balance, February 1 February 2 February 4 February 5 February 9 February 12 February 14 February 19 February 23 February 26 February 27 February 28 bruary 11 bruary 2 bruary 13 aruary 21 ruary 28 ruary 29 Debit Balance Balance #101 #102 #103 #104 #105 Checks $ 19,800 BANK STATEMENT Deposits 13,900 9,450 Cash (A) 63,430 11,900 8,650 65,600 16,500 19,800 19,000 13,900 18,000 9,450 9,700 11,900 8,650 1,670 $ 16,500 19,000 18,000 NSF Interest earned Service charge Credit Other February 1 February 7 February 11 February 17 February 25 February 29 #101 102 #103 #104 #105 #106 $ 415 340 55 Balance $ 65,600 45,800 62.300 61,885 47,985 38,535 57,535 45,635 63,635 54,985 55,325 55,270 Company's bank reconciliation at the end of January showed no outstanding checks. No deposits were in transit at nd of January, but a deposit was in transit at the end of February. econciliation journal entries are posted, what balance will be reflected in the Cash account in the ledger?

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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