Problem 7-4A The bank portion of the bank reconciliation for Pharoah Company at October 31, 2017, is shown below PHAROAH COMPANY Bank Reconciliation October 31, 2017 $12,517.90 1,530.20 14,048.10 Cash balance per bank Add: Deposits in transit Less: Outstanding checks Check Number 2451 2470 2471 2472 2474 Adjusted cash balance per bank Check Amount $1,260.40 684.20 844.50 428.80 1,050.00 4,267.90 $9,780.20 The adjusted cash balance per bank agreed with the cash balance per books at October 31. The November bank statement showed the following checks and deposits