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The Cash account of Ranger Corp. reported a balance of $3,500 at October 31,2016. Included were outstanding checks totaling $1,700 and an October 31 deposit

The Cash account of Ranger Corp. reported a balance of $3,500 at October 31,2016. Included were outstanding checks totaling $1,700 and an October 31 deposit of $200 that did not appear on the bank statement. The bank statement, which came from Turkay State Bank, listed an October 31balance of $5,572. Included in the bank balance was an October 30 collection of $605 on account from a customer who pays the bank directly. The bank statement also shows a $18 service charge, $20 of interest revenue that Ranger earned on its bank balance, and an NSF check for $35. Prepare a bank reconciliation to determine how much cash Ranger actually has at October 31. (Include the balances at October 31 in each of the addition subtotalcalculations.)

Ranger Corp. Bank Reconciliation October 31, 2016
Bank Books
Balance, October 31 Balance, October 31
Add: Add:
Subtotal
Subtotal
Less: Less:
Adjusted bank balance Adjusted book balance

Ranger has cash of $______ at October 31

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