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Prepare bank reconciliation and adjusting entries (LO 3) Don Wyatt is unable to reconcile the bank balance at January 31. Don's reconciliation is as follows

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Prepare bank reconciliation and adjusting entries (LO 3) Don Wyatt is unable to reconcile the bank balance at January 31. Don's reconciliation is as follows Cash balance per bank Add: NSF checlk Less: Bank service charge Adjusted balance per bank Cash balance per books Less: Deposits in transit Add: Outstanding checks Adjusted balance per books $4,075.20 S3,560.20 490.00 25.00 $4,025.20 S3,875.20 530.00 730.00 Instructions (a) (b) Prepare a correct bank reconciliation Journalize the entries required by the reconciliation

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