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am i correct? how do i do the the cash balance according to company records? also after total adjustments it says adjusted balance a. The
am i correct? how do i do the the cash balance according to company records?
a. The bank statement balance is $3,145. b. The cash account balance is $3,414. c. Outstanding checks amounted to $768. d. Deposits in transit are $855. e. The bank service charge is $173. f. A check for $61 for supplies was recorded as $52 in the ledger. Prepare a bank reconciliation for Miller Co. for August 31. $ 3,145 Miller Co. Bank Reconciliation August 31 Cash balance according to bank statement Adjustments: Deposits in transit not recorded by bank Outstanding checks $ 855 -768 87 Total adjustments $ 3,232 Adjusted balance Cash balance according to company's records Adjustments: Bank service charge 173 9 Error in recording 182 Total adjustments also after total adjustments it says adjusted balance
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