On August 31, Howel Company had an unadjusted cash balance of $10,050. An examination of the August

Question:

On August 31, Howel Company had an unadjusted cash balance of $10,050. An examination of the August bank statement shows a balance of $8,370 on August 31; bank service charges $40; deposits in transit $3,005; interest earned $22; outstanding cheques $1,623; and an NSF cheque of $280. Prepare a bank reconciliation at August 31?