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$1$ A company provides the following information related to its ending cash balance.

$1$ Cash on hand at the company and not yet deposited at the bank

$2$ EFT for monthly utility bill not yet recorded by the company

$3$ Note collected by the bank and not yet recorded by the company

$4$ Interest collected by the bank from note in #$3$ not yet recorded by the company

$5$ Debit card used to purchase supplies not yet recorded by the company

$6$ Checks written by the company but not yet processed by the bank

$7$ Service fee charged by bank but not yet recorded by the company

$8$ Customer checks determined by the bank to have nonsufficient funds

Bank balance at the end of the period

Company balance at the end of the period

$13,400$

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References

Complete the bank reconciliation in the spreadsheet.

Use a conditional statement to evaluate whether the reconciled balances are equal.

Prepare necessary journal entries to update the Cash account.

a$.$ Prepare a journal entry for items that increased the Cash account.

b$.$ Prepare a journal entry for items that decreased the Cash account.

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