(Appendix)  Lisa Ceja is unable to reconcile the bank balance at January 31. Lisa's reconciliation is as follows.

Instructions

(a) Prepare a correct bank reconciliation.

(b) Journalize the entries required by the reconciliation.

Transcribed Image Text:

Cash balance per bank Add: NSF check Less: Bank service charge Adjusted balance per bank Cash balance per books Less: Deposits in transit Add: Outstanding checks Adjusted balance per books $3.660.20 590.00 25.00 $4.225.20 $3.875.20 530.00 930.00 $4.275.20