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Maria Sells is unable to reconcile the bank balance at January 31. Maria's reconciliation is shown here. Cash balance per bank Add: NSF check
Maria Sells is unable to reconcile the bank balance at January 31. Maria's reconciliation is shown here. Cash balance per bank Add: NSF check Less: Bank service charge $4,212.50 650.00 52.50 Adjusted balance per bank $4,810.00 Cash balance per books $4,510.50 Less: Deposits in transit 565.50 Add: Outstanding checks 970.00 Adjusted balance per books $4,915.00 (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 $ (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 $ (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 Jan. 31 | Jan. 31 (To record NSF check) (To record bank service charge) Debit Credit
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