Michelle Sells is unable to reconcile the bank balance at January 31. Michelles reconciliation is shown as follows.

Cash balance per bank		$4,062.20
Add: NSF check		620.00
Less: Bank service charge		35.50
Adjusted balance per bank		$4,646.70
Cash balance per books		$4,360.20
Less: Deposits in transit		582.50
Add: Outstanding checks		940.00
Adjusted balance per books		$4,717.70

A-What is the proper adjusted cash balance per bank?

B-What is the proper adjusted cash balance per books?

C Prepare a tabular analysis for the adjustments required to reach the adjusted cash balance per books. Include margin explanations for the changes in revenues and expenses. (If a transaction results in a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.)

Assets			=	Liabilities	+	Stockholders Equity
Cash		Accts. Rec.
	+		=		+	Rev.	-	Exp.
enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount
enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		select an option Sales revenueOpening cash balanceCash over and shortBank charge expense