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Jason Allen is unable to reconcile the bank balance at January 31. Jason's reconciliation is as follows. Cash balance per bank $3,260.26 Add: NSF cheque
Jason Allen is unable to reconcile the bank balance at January 31. Jason's reconciliation is as follows. Cash balance per bank $3,260.26 Add: NSF cheque 570.17 Less:BankservicechargeAdjustedbalanceperbank22.02$3,808.41 Cash $3,742.54 Less: Deposits in transit 640.14 Add:OutstandingchequesAdjustedbalanceperbooks750.05$3,852.45 Prepare a correct bank reconciliation. (List items that increase balance as per bank \& books first.) |l| Journalize the entries required by the reconciliation. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts. List all debit entries before credit entries.)
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