General Accounting Question

POST INC. BANK RECONCILIATION
Cash balance per bank	$8,200
Cash balance per books (general ledger)	$6,500
Outstanding checks	$2,460
Check mailed to the bank for deposit had
not reached the bank by the statement
date.	$500
NSF check returned by the bank for
accounts receivable	$100
July interest earned on the bank statement	$20
Check no. 700 for misc. expense cleared
the bank for $200; erroneously recorded
in our books for $20

Prepare a bank reconciliation.

Shown the accounting entries that must be made by
Matrix Inc. in journal entry and T-Account format.

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