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Rachel Sells is unable to reconcile the bank balance at January 31. Rachel's reconciliation is shown as follows Cash balance per bank Add: NSF check
Rachel Sells is unable to reconcile the bank balance at January 31. Rachel's reconciliation is shown as follows Cash balance per bank Add: NSF check Less: Bank service charge Adjusted balance per bank $4,632.20 495.00 51.00 $5.076.20 Cash balance per books $4,930 20 Les Deposits in transit 567.00 Add: Outstanding checks 15.00 Adjusted balance per books 55.178 20 (a) What is the proper adjusted cash balance perbank (Round ers to 2 decimal places 52.75) The proper adjusted cash balance per bank $ 438420 What is the proper adjusted cash balance per books (Round answers to 2 decimal places, s. 52.75] The proper adsted cash balance per books 436420 decrease in Assets Prepare a tabur analysis for the adjustments required to reach the adjusted cash balance per books include margin explanations for the changes in revenues and expenses to Liabilities or Stockholders' Coulty place a negative sig for parentheses in front of the amount entered for the particular Asset t or Equity that was reduced Round answers to 2 decimal places . $275 anges in revenues and expenses. (If a transaction results in a decrease at was reduced. Round answers to 2 decimal places, e.g. 52.75.) s' Equity Sales revenue Opening cash balance Cash over and short Miscellaneous expense Sales revenue ts: 1 of 3 used Submit
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