Question: Information from Goddard Picture Frames Cash account as well as the January bank statement is presented next. Cheque #210 was written for $300 to pay

Information from Goddard Picture Frames€™ Cash account as well as the January bank statement is presented next.

Cheque #210 was written for $300 to pay salaries.
Requirements
1. Prepare the bank reconciliation on January 31.
2. Prepare all necessary journal entries for Goddard Picture Frames to update the Cash account as a result of the bank reconciliation.

Cash 1.400|Cheque #210 2,700 | Cheque #211 Cheque #212 Cheque #213 Cheque #214 Jan 1 Jan 30 30 400 110 325 200 Pre-adjusted Bal Jan 31 3,035 Bank Statement: Bal, Jan 1 Deposits: EFT-rent Cheques: $1,400 500 No. Amount 210 211 212 110 300 400 (810) Other Charges: Service charge Cheque printing NSF Cheque #201 $ 15 10 65 (90) $1,000 Bal, Jan 31

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