Have upgraded to 5c and want to give my 4s to parents. Trying to get 4s back to 'factory settings' as was when bought but cannot remember restrictions passcode. If I erase all content and settings will that take it back to how was when bought? Thanks.

Yes and you will need to deactivate the phone as you first did when you bought it

Sorry that should say reactivate

Hogey1301 wrote:

Trying to get 4s back to 'factory settings' as was when bought but cannot remember restrictions passcode.

Restore the Device as New... See Section 6 here...

http://support.apple.com/kb/HT4137

Hogey1301 wrote:

Have upgraded to 5c and want to give my 4s to parents.

Follow the Check List here...

What to do before selling or giving away your iPhone, iPad, or iPod touch

Yes. It would become a brand new, unused iphone with no restriction password on it.

Hogey1301 wrote:

Thanks for all suggestions but when I try to 'erase all content and settings' it still asks for my restrictions passcode -

Place the Device into Recovery mode...

See Here > http://support.apple.com/kb/HT1808

You may need to try this More than Once... Be sure to Follow ALL the Steps...

Take your time... Pay particular attention to Steps 3 and 4.