2 Bank reconciliations should be prepared internally every: month day year week Question 20 At August 31, Beez Company shows an ending cash balance in their general ledger of $1.250. The August bank statement shows $35 bank fee and an NSF check for $850. A $480 deposit in transit and outstanding checks of $725. What is the company's adjusted cash balance for the month? Please submit your answer with a dollar sign, comma, no spaces, no periods, and in whole numbers. For example, $1.200