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Calculate the true book balance of cash from the following example. This is a similar (not exact) bank reconciliation presented in Chapter 5 (10 points)
Calculate the true book balance of cash from the following example. This is a similar (not exact) bank reconciliation presented in Chapter 5 (10 points) 1. The bank statement contains an ending balance of $1,500,000.00 2. The bank statement contains a $350.00 service charge for processing the account 3. A patients check did not clear the bank in the amount of $550.00 and is considered a NSF check 4. The bank is charging $125 bank service NSF fee 5. The bank statement shows $525.00 of interest on the account 6. The following checks did written by this entity have not cleared the bank yet: 123$400.00$625.00$1,118.00 7. This entity deposited $35,000.00 of checks on the last day of the month and they do not appear on the statement
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