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Laura Sells is unable to reconcile the bank balance at January 31. Lauras reconciliation is shown here. Cash balance per bank $3,732.20 Add: NSF check

Laura Sells is unable to reconcile the bank balance at January 31. Lauras reconciliation is shown here.

Cash balance per bank

$3,732.20

Add: NSF check

485.00

Less: Bank service charge

43.50

Adjusted balance per bank

$4,173.70

Cash balance per books

$4,030.20

Less: Deposits in transit

574.50

Add: Outstanding checks

805.00

Adjusted balance per books

$4,260.70

(a) What is the proper adjusted cash balance per bank? (Round answers to 2 decimal places, e.g. 52.75.)

The proper adjusted cash balance per bank

$Enter a dollar amount rounded to 2 decimal places

(b) What is the proper adjusted cash balance per books? (Round answers to 2 decimal places, e.g. 52.75.)

The proper adjusted cash balance per books

image text in transcribed$Enter a dollar amount rounded to 2 decimal places

(c) Prepare the adjusting journal entries necessary to determine the adjusted cash balance per books. (Round answers to 2 decimal places, e.g. 52.75. 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)

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