Question: From the following information, construct a bank reconciliation for Bang Co. as of February 28, 201X. Then prepare journal entries if needed. Checkbook balance $1,314

From the following information, construct a bank reconciliation for Bang Co. as of February 28, 201X. Then prepare journal entries if needed.

Checkbook balance $1,314 Outstanding checks Bank statement balance 1,050 ice charge Deposits (in transit) $654 65 800 NSF: Tamara Carter check in payment of account was returned for insufficient funds. 53

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