Exercise 7-9 Monty is unable to reconcile the bank balance at January 31. Monty's reconciliation is as follows. Cash balance per bank $4,340.20 Add: NSF check 300.00 Less: Bank service charge 31.00 Adjusted balance per bank Cash balance per books Less: Deposits in transit Add: Outstanding checks Adjusted balance per books $4,655.20 920.00 936.00 $4,671.20 Prepare a correct bank reconciliation. (List items that increase cash balance first. Reconcile cash balance pel places, e.g. 52.75.) Monty Bank Reconciliation