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Sheridan Sells is unable to reconcile the bank balance at January 31. Sheridan's reconciliation is shown here. Cash balance per bank Add: NSF check Less:
Sheridan Sells is unable to reconcile the bank balance at January 31. Sheridan's reconciliation is shown here. Cash balance per bank Add: NSF check Less: Bank service charge Adjusted balance per bank (a) $3,800.20 Cash balance per books Less: Deposits in transit Add: Outstanding checks Adjusted balance per books $4,400.20 Add 570.00 Less V 30.00 $4,340.20 $4,115.20 Adjusted cash balance per bank Your answer is partially correct. What is the proper adjusted cash balance per bank? (List items that increase cash balance first. Round answers to 2 decimal places 52.75.) NSF check 650.00 935.00 Cash balance per bank statement V January 31 Bank service charge Sheridan Bank Reconciliation GA EA 3800.20 570.00 4370.00 30.00 4340.20
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