Business
Business, 21.03.2020 09:17, weirdojuwin

Bank statement and the February T-account for cash showed the following (summarized)

BANK STATEMENT
Checks Deposits Othegr Balance
Balance February 1 $49,400
February 2 #101 $15,000 34,400
February 4 $7,000 41,400
February 5 NSF $320 $41,080
February 9 #102 11,000 30,080
February 12 $103 7,500 22,580
February 14 9,500 32,080
February 19 $104 9,000 23,080
February 23 14,150 37,230
February 26 #105 6,700 30,530
February 27 Interest earned 150 30,680
February 28 Service charge 40 30,640
Cash (A)
Feb. 1 Balance 49,400
Feb. 2 7,000 15,000 Feb. 1 $101
Feb. 13 9,500 11,000 Feb. 7 $102
Feb.21 14,150 7,500 Feb. 11 #103
Feb. 28 7,800 9,000 Feb. 17 $104
6,700 Feb. 25 $105
1,200 Feb. 29 #106
Feb. 29 balance 37,450
Tony Company's bank reconciliation at the end of January showed no outstanding checks. No deposits were in transit at the end of January, but a deposit was in transit at the end of February

3. After the reconciliation journal entries are posted, what balance will be reflected in the Cash account in the ledger?

Balance in cash account

answer
Answers: 1

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Bank statement and the February T-account for cash showed the following (summarized)

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