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Adjusted balance $34,172.23 You assist the intern to check source documents, and find that most of the dollar amounts are correct; however, two dollar
Adjusted balance $34,172.23 You assist the intern to check source documents, and find that most of the dollar amounts are correct; however, two dollar amounts are incorrect. After reviewing the following table, scroll slow for the next steps in helping the intern Item Cash balance according to bank statement Correct in 11 "No," Intern's Corrected Reconciliation? Amount Yes Deposit in transit on January 31 Yes Outstanding Check No. 124 Yes Outstanding Check No. 125 No $24.00 Outstanding Check No. 129 Yes Cash balance according to Mundstone, Inc. Yes Check retumed because of insufficient funds Yes Note and interest collected by bank Yes Bank service charge No $25.00 Munhstone error in recording Check No. 123 as $12,435.00 rather than the correct amount of $21.435.00 Yes After asking the intem to search for other errors by comparing her reconciliation to prior bank reconcilations prepared by the former accountant, you work together to compute the corrected adjusted balance. Round your answer to two decimal places Corrected adjusted balance amount
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