Question
Prepare a bank reconciliation. Then enter the Adjusted Cash Balance in the space provided below for your answer. The format of your answer should be
Prepare a bank reconciliation. Then enter the Adjusted Cash Balance in the space provided below for your answer. The format of your answer should be a number using commas if necessary. Do not use a $ sign. For example, the correct format is 95,600
Data to use for the reconciliation:
Balance per bank : $17,500
Balance per books : $14,360
Information on bank statement:
Bank service charge $20.
Interest paid by bank $10.
NSF check from customer, Fidler $300.
Receipt of EFT deposit on the company's behalf $450.
Information from books:
Deposit made on last day of month after bank cutoff hot showing on bank statement $2,000.
Outstanding checks $5,000
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