The bank statement for Bella Furniture Stores showed a balance of $62,285 as of November 30. The unadjusted balance in the general ledger cash account at November 30 was $54,050. An examination of the bank statement disclosed the following information.

1. Outstanding checks totaled $23,500.
2. The bank had issued a $160 credit memo for interest deposited into Bellas account.
3. The bank had deducted $320 for two non-sufficient funds (NSF) checks.
4. The bank statement enclosures included a debit memo for $45 the bank had deducted from Bellas account to pay for new checks.
5. Deposits in transit were $15,060.

Required

1. Reconcile the balance shown on the bank statement and the unadjusted balance of the companys cash account to the true cash balance.

Bank Reconciliation
Unadjusted Bank Balance			Unadjusted Book Balance
Add:			Add:
Subtract:			Subtract:
True Cash Balance			True Cash Balance