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1. A company's bank statement balance shows that there is $6,330 in the checking account at the end of the month. Comparing the company's records

1. A company's bank statement balance shows that there is $6,330 in the checking account at the end of the month. Comparing the company's records with the bank statement reveals several additional items, such as outstanding checks of $1,200, deposits in transit of $4,300, an NSF check of $250, and a bank service charge of $55.

Calculate the adjusted cash balance for this checking account.

2. A company's bank statement balance shows that there is $4,190 in the checking account at the end of the month. Comparing the company's records with the bank statement reveals several additional items, such as outstanding checks of $1,860, deposits in transit of $2,080, an NSF check of $209, interest earned of $21.52, a bank service charge of $40, and a check for $120 recorded twice by the company.

Calculate the adjusted cash balance for this checking account.

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