Question: Need helps with books section :) Brett Kippen operates a roller skating center, Rollerball USA. He has just received the company's monthly bank statement at


Need helps with books section :)
Brett Kippen operates a roller skating center, Rollerball USA. He has just received the company's monthly bank statement at February 28 from Washington National Bank, and the statement shows an ending balance of $755. Listed on the statement are an EFT rent collection of $295, a service charge of $10, two NSF checks totaling $70, and an $11 charge for printed checks. In reviewing his cash records, Kippen identifies outstanding checks totaling $608 and a February 28 deposit in transit of $1,815. During February, he recorded a $290 check for the salary of a part-time employee as $29. Kippen's Cash account shows a February 28 cash balance of $2,019. Read the requirement. Prepare the Bank section, then the Book section of the bank reconciliation to determine how much cash Kippen actually has at February 28. (Include the balances at February 28 in each of the addition subtotal calculations. If a box is not used in the table leave the box empty: do not select a label or enter a zero.) Rollerball USA Bank Reconciliation February 28, 2018 Bank: Balance, February 28, 2018 $ 755 Add: 1,815 Deposit in transit Subtotal 2,570 (608) Less: Outstanding checks $ 1,962 Adjusted bank balance, February 28, 2018 Books: Balance, February 28, 2018 Add: EFT collection - rent 2,019 Subtotal Less
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