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Superman is unable to reconcile his bank balance on January 31. Your job is to prepare a corrected bank reconciliation (table is below). Finally please
Superman is unable to reconcile his bank balance on January 31. Your job is to prepare a corrected bank reconciliation (table is below). Finally please do the adjusted journal entries
Cash balance per bank: 5300
Add: NSF check 1570
Less: Bank service charge 35
Adjusted balance per bank 6835
Cash balance per books 5705
Less: deposits in transit 750
Add: Outstanding checks 1950
Adjusted balance per books 6905
Cash Balance Per Bank: | |||
Adjusted Bank Balance: | |||
Cash Balance Per Books: | |||
Adusted Book Balance |
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