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(Learning Objective 3: Use a bank reconciliation) Frank White operates a roller skating center. He has just received the monthly bank statement at November 30

(Learning Objective 3: Use a bank reconciliation) Frank White operates a roller skating center. He has just received the monthly bank statement at November 30 from Citizen National Bank, and the statement shows an ending balance of $570. Listed on the statement are an EFT rent collection of $335, a service charge of $8, two NSF checks totaling $120, and a $10 charge for printed checks. In reviewing his cash records, White identifies outstanding checks totaling $601 and a November 30 deposit in transit of $1,765. During November, he recorded a $270 check for the salary of a part-time employee as $27. White

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