Use the Information Below to Prepare a Bank Reconciliation for Martindale

Essay

Use the information below to prepare a bank reconciliation for Martindale Company for the month of January.
∙ Outstanding checks as of January 31 amounted to $2,223.
∙ Deposits in transit as of January 31 amounted to $1,879.
∙ The ending balance per the January bank statement is $36,482.
∙ The bank statement shows that Martindale earned $150 of interest on its bank balance for the month of January.
∙ The bank mistakenly recorded a deposit of $2,800 as $280 on January 15.
∙ The company pays its insurance of $986 by EFT.
∙ The bank collected rent for the company, $3,000. The bank statement shows an EFT receipt from a Martindale customer of $481.
∙ There was a NSF check on the bank statement for $368.
∙ The ending cash balance per the books for January before any adjustments was $36,381.