Question

From the folowing information, construct a bank reconciliation for TS. Co as of March 31, 2017 (Click the icon to view the bank statement.) Add (1) Complete the bank reconciliation for T.S. Co. Start by preparing the book portion of the reconciliation and then complete the reconciliation by completing the bank portion of a box is not used in the table, leave the box emply do not select a label or enter a zero TS Co. Bank Reconciliation as of March 31, 2017 Checkbook balance Bank balance Data Table Checkbook balance Barik balance Add: Checkbook balance $1,75 Deduct: Bank statement balance 1400 Deposits transit Outstanding checks Deduct Bank service charge NSF check (Ralph Bennet's check in payment of an account was returned for insufficient funds) Reconciled balance Reconciled balance Print Done Choose from any list or enter any number in the input fields and then continue to the next question

Answer 1

T.S. Co.
Bank Reconciliation as of March 31, 201X
Checkbook balance			Bank balance
Checkbook balance		$1,875	Book balance		$1,400
Add:			Add:
			Deposits in transit		$450
Deduct:					$1,850
Bank service charge	$65
NSF check	$40	$105	Deduct:
			Outstanding checks		$80
Reconciled balance     [$1,875 - $105]		$1,770	Reconciled balance   [$1,850 - $80]		$1,770