Question
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 | $Enter a dollar amount rounded to 2 decimal places |
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