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63) The following information is needed to reconcile the cash balance for Woods Paper Products. A deposit of $5,794.62 is in transit. Outstanding checks total
63) The following information is needed to reconcile the cash balance for Woods Paper Products. A deposit of $5,794.62 is in transit. Outstanding checks total $1,533.25. The book balance is $5,495.62. The bookkeeper recorded a $1,524.00 cheque as $15,240 in payment of the current month's rent. The bank balance at February 28, 2008 was $16,500.25. A deposit of S34) was credited by the bank for $3,6%80). A customer's cheque for $1,280 was returned for non-sufficient funds. The bank service charge is $70
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