Question: Problem Prepare a bank reconciliation using the following information from Miles Company on October 31, 2014. Cash balance per books (company) Cash balance per bank

Problem Prepare a bank reconciliation using the following information from Miles Company on October 31, 2014. Cash balance per books (company) Cash balance per bank $5,697.00 $6,695.80 The following differences between the book and bank records are: Checks outstanding totaled 1,480.10 824.30 25.00 390.00 800.00 110.00 68.00 a. b. Deposits in tranit totaled c. Bank service charge d. NSF check, on account e. Note collected by the bank f. Bank charge for note collection g. Interest earned on note Prepare a bank reconciliation and then prepare journal entries Reconciliation: Bank Statement Balance...$6,695.80 ADD Book Balance.$5,697.00 ADD DEDUCT DEDUCT ADJUSTED BOOK BALANCE.$ ADJUSTED BANK BALANCE. Prepare Journal Entries for Problem 2 on next page

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