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Exercise 7-6 Sally Rice is unable to reconcile the bank balance at January 31. Sallys reconciliation is shown here. Cash balance per bank $4,388.20 Add:

Exercise 7-6 Sally Rice is unable to reconcile the bank balance at January 31. Sallys reconciliation is shown here. Cash balance per bank $4,388.20 Add: NSF check 483.00 Less: Bank service charge 41.28 Adjusted balance per bank $4,829.92 Cash balance per books $4,686.20 Less: Deposits in transit 576.72 Add: Outstanding checks 803.00 Adjusted balance per books $4,912.48 (a) What is the proper adjusted cash balance per bank? The proper adjusted cash balance per bank $ (b) What is the proper adjusted cash balance per books? The proper adjusted cash balance per books $ (c) Prepare the adjusting journal entries necessary to determine the adjusted cash balance per books. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Jan. 31 (To record NSF check) Jan. 31 (To record bank service charge) Question Attempts: 0 of 1 used

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