A companys bank statement shows a $750 cash balance at December 31. However, its book balance of cash shows a $990 debit balance at December 31. The following dashboard shows data to reconcile the bank balance of cash with its book balance.

The figure shows data to reconcile the bank balance of cash with its book balance as per the following: bank adjustments: deposits in transit - $100; bank error, balance incorrectly understated - $230; outstanding checks - $180. Book adjustments: bank fees - $50; NSF check - $80; interest earned - $40.

A company's bank statement shows a $750 cash balance at December 31 . However, its book balance of cash shows a $990 debit balance at December 31 . The following dashboard shows data to reconcile the bank bafance of cash with its book balance. Enter answers for each of the following tabs. Prepare a bank reconciliation as of December 31