The Belmont Company’s Cash account shows a balance of P.O. 2

$699.41 as of October 31 of this year. The balance on the bank statement on that date is $1,149.40. Checks for $47.30, $326.95, and $416.00 are outstand- Determine the adjusted ledger bal¬

ing. The bank statement shows a check issued by another depositor for $146.00 ance of cash.

(in other words, the bank erroneously charged Belmont Company for a check written by another firm). The bank statement also shows an NSF check for

$190.00 received from Belmont’s customer. Service charges for the month were

$4.26. What is the adjusted ledger balance of Cash as of October 31?