Jarvis Lawn Care's Bank Statement at August 31, 2013 Showed

Essay

Jarvis Lawn Care's bank statement at August 31, 2013 showed an ending balance of $47,433.74. The unadjusted cash account balance for Jarvis is $40,475.96. The following data were gathered by Jarvis's accountant:
Check number 2143 was correctly written for $427. It was recorded in the company's books as $472 for utilities.
Outstanding checks as of August 31: $14,257.41.
NSF check from customer: $98.63
Debit memo for fee related to the NSF check returned by the bank: $16.00
Credit memo related to interest earned: $20.00
Deposits in transit: $7,250.00
Required:
1) Prepare a bank reconciliation for Jarvis Lawn Care at August 31, 2013
2) Prepare the required journal entries for Cash at August 31, 2013