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Brockton Carpet Cleaning prepares a bank reconciliation at the end of every month. At the end of July, the balance in the general ledger checking
Brockton Carpet Cleaning prepares a bank reconciliation at the end of every month. At the end of July, the balance in the general ledger checking account was $3,090 and the bank balance on the bank statement was $3,150. Outstanding checks totaled $850 and deposits in transited were $570. The bank statement revealed that a check written for $290 was incorrectly recorded by Brockton as a $390 disbursement. The bank statement listed service charges and NSF check charges totaling $320. The corrected cash balance is:
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