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Rachel Sells is unable to reconcile the bank balance at January 31. Rachel's reconciliation is shown here. Cash balance per banlk Add: NSF check Less:

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Rachel Sells is unable to reconcile the bank balance at January 31. Rachel's reconciliation is shown here. Cash balance per banlk Add: NSF check Less: Bank service charge Adjusted balance per bank 4,557.20 620.00 53.00 $5,124.20 Cash balance per books Less: Deposits in transit Add: Outstanding checks Adjusted balance per books $4,855.20 565.00 940.00 $5230.20 (a) What is the proper adjusted cash balance per bank? (Round answers to 2 decimal places,eg. 52.75) The proper adjusted cash balance per bank$ 5,124.20 (b) What is the proper adjusted cash balance per books? (Round answers to 2 decimal places, e.g.52.75) The proper adjusted cash balance per books$ 5,230.20

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