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Barbara Sells is unable to reconcile the bank balance at January 31. Barbara's reconciliation is shown as follows. Cash balance per bank $4,337.20 Add: NSF
Barbara Sells is unable to reconcile the bank balance at January 31. Barbara's reconciliation is shown as follows. Cash balance per bank $4,337.20 Add: NSF check 620.00 Less: Bank service charge 52.50 Adjusted balance per bank $4.904.70 Cash balance per books $4,635.20 Less: Deposits in transit 565.50 Add: Outstanding checks 940.00 Adjusted balance per books $5,009.70 Your answer is correct. What is the proper adjusted cash balance per books? Proper adjusted cash balance per books 396270 Prepare a tabular analysis for the adjustments required to reach the adjusted cash balance per books. Include margin explanations for the changes in revenues and expenses. (If a transaction results in a decrease in Assets, Liabilitles or Stockholders' Equity, place a negative sign for parentheses) in front of the amount entered for the particular Asset, Liability or Equity Item that was reduced.) Assets Liabilities Accts. Rec. + Rev. Cash Stockholders' Equity Exp
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