Bank reconciliations: Problem type 1 On December 31, Price Company's Cash account had a balance of $29,550, and the balance per bank statement was $30,050. Analysis of the bank statement and comparison of the statement and records indicated the following: Deposits in transit $ 10,510 Outstanding checks 6,640 Bank service charge 30 Customer's returned check, NSE 930 10 Bank collection of note on our behalf 5.470 O Interest received on note 130 In reviewing the records, Price Company also discovered the following error: A check for $410 in legal expense was incorrectly recorded on the books as $140. Required: Compute the adjusted balance of Cash per books. Adjusted balance of Cash: SO Explanation Check LL Search