Bank Reconciliation

a$.$ A $$760$ deposit made on October $31$ was not recorded by the bank until November.

b$.$ At the end of October, outstanding checks total $$1,222.$

c$.$ The bank statement shows bank service charges of $$125$ not yet recorded by the company.

d$.$ The company erroneously recorded as $$973$ a check that it had actually written for $$379.$ It was correctly processed by the bank.

e$.$ A $$480$ check from a customer, deposited by the company on October $29,$ was returned with the bank statement for lack of funds.

Required:

Prepare the October bank reconciliation for Janie Corporation.

Janie Corporation

Bank Reconciliation Schedule

October $31$

Cash balance from bank statement

Adjusted cash balance

$

Cash balance from company records

$

Less:

$

Adjusted cash balance

$2.$ What amount will be reported as cash on the October $31$ balance sheet?