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Sunland Wyatt is unable to reconcile the bank balance at January 31. Sunlands reconciliation is as follows. Cash balance per bank $4,340.20 Add: NSF check
Sunland Wyatt is unable to reconcile the bank balance at January 31. Sunlands reconciliation is as follows.
| Cash balance per bank | $4,340.20 | |
| Add: NSF check | 300 | |
| Less: Bank service charge | 31 | |
| Adjusted balance per bank | $4,609.20 | |
| Cash balance per books | $4,655.20 | |
| Less: Deposits in transit | 920 | |
| Add: Outstanding checks | 936 | |
| Adjusted balance per books | $4,671.20 |
(a)
Prepare a correct bank reconciliation. (List items that increase cash balance first. Round answers to 2 decimal places, e.g. 52.75.)
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