Reference no: EM132044076

Bank reconciliation for Grace, Inc., as of January 31, from the following information:

(a.) The January 31 cash balance in the general ledger is $5,088.

(b.) The January 31 balance shown on the bank statement is $4,544.

(c.) Checks issued but not returned with the bank statement were No. 435 for $452 and No. 448 for $182.

(d.) A deposit made on January 31 for $1,280 was included in the general ledger balance but not in the bank statement balance.

(e.) Interest credited to the account during January but not recorded on the company's books amounted to $72.

(f.) A bank charge of $24 for printing new checks was made to the account during January. Although the company was expecting a charge, the amount was not Known until the bank statement arrived.

(g.) In the process of reviewing canceled checks, it was determined that a check issued to a supplier in payment of an account payable of $139 was recorded as a $193 cash disbursement.

Prepare the bank reconciliation for Grace, Inc., as of January 31