Reference no: EM133145643

Question - Carlos Tohn Company operates four bowling alleys. The businessjust received the January 31, 2020, bank statement from City National Bank which is as follows:

Statement shows an ending balance of $854.

Listed on the bank statement are an EFT rent collection of $320, a service charge of $10, and a NSF check totaling $67, and $31 charge for printed checks.

In reviewing the cash records, the business identified outstanding checks totaling $472, and a deposit in transit of $1,946.

During January, the business issued a chek of $265 for a casual laboour, and while crediting Cash in the amount of $256. (the check was cashed in January).

The business's Cash account shows an January 31 balance of $2,107.

Required - Prepare the bank reconciliation at January 31.