Nationwide News Company provides the following information at December 31, 2011: Cash per ledger account $68,000 Cash per bank statement $60,930 The following additional information is discovered after examining the bank statement: 1. Deposits in transit: $36,100 2. Outstanding checks: $18,700 3. Bank collected a note receivable worth $25,000 and charged a service fee of $80. 4. A cashed/cancelled check (no. 444) worth $1,050 was incorrectly recorded in by the bank as a debit to cash by 1,500. Required Balance per bank statement Balance per book $86,000 $60,930 Add: Add: Less: Less: Balance Balance Nationwide News Company provides the following information at December 31, 2011: Cash per ledger account $68,000 Cash per bank statement $60,930 The following additional information is discovered after examining the bank statement: 1. Deposits in transit: $36,100 2. Outstanding checks: $18,700 3. Bank collected a note receivable worth $25,000 and charged a service fee of $80. 4. A cashed/cancelled check (no. 444) worth $1,050 was incorrectly recorded in by the bank as a debit to cash by 1,500. Required Balance per bank statement Balance per book $86,000 $60,930 Add: Add: Less: Less: Balance Balance