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Brett Root operates a roller skating center, Rollerball USA. He has just received the company's monthly bank statement at September 30 from TransAm National
Brett Root operates a roller skating center, Rollerball USA. He has just received the company's monthly bank statement at September 30 from TransAm National Bank, and the statement shows an ending balance of $745. Listed on the statement are an EFT rent collection of $305, a service charge of $10, two NSF checks totaling $120, and an $11 charge for printed checks. In reviewing his cash records, Root identifies outstanding checks totaling $607 and a September 30 deposit in transit of $1,785. During September, he recorded a $280 check for the salary of a part-time employee as $28. Root's Cash account shows a September 30 cash balance of $2,011. Read the requirement. Prepare the Bank section, then the Book section of the bank reconciliation to determine how much cash Root actually has at September 30. (Include the balances at September 30 in each of the addition subtotal calculations. If an input field is not used in the table leave the field empty; do not select a label or enter a zero.) Rollerball USA Bank Reconciliation September 30, 2021 Bank: Balance, September 30, 2021 Add: Deposit in transit Subtotal Less: Outstanding checks Adjusted bank balance, September 30, 2021 Requirement 1. How much cash does Root actually have at September 30, 2021? 745 1785 2530 Print Done - X
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