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Exercise 7-6 Rachel Sells is unable to reconcile the bank balance at January 31. Rachel's recondiliation is Cash balance per bank Add: NSF check Less:

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Exercise 7-6 Rachel Sells is unable to reconcile the bank balance at January 31. Rachel's recondiliation is Cash balance per bank Add: NSF check Less: Bank service charge Adjusted balance per bank shown here. $4,592.20 585.00 38.50 $5,138.70 Cash balance per books Less: Deposits in transit Add: Outstanding checks Adjusted balance per books $4,890.20 579.50 905.00 $5,215.70

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