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The company's accounting intern has prepared the end-of-January bank reconciliation from the bank stateme reconciliation, scroll down for the next steps in helping the intern.

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The company's accounting intern has prepared the end-of-January bank reconciliation from the bank stateme reconciliation, scroll down for the next steps in helping the intern. Murdstone, Inc. Bank Reconciliation January 31, 2015 Cash balance according to bank statement $23,557.98 Adjustments: Add: Deposit in transit on January 31 12,125.25 Deduct: Outstanding Check No. 124 $(62.00) Outstanding Check No. 125 (86.00) Outstanding Check No. 129 (1,250.00) Total deductions (1.398.00) Adjusted balance $34,285.23 Cash balance according to Murdstone, Inc. $51,552.88 Adjustments: Add: Note and interest collected by bank 15,250.75 Deduct: Check returned because of insufficient fundss(23,475.40) Bank service charge (250.00) Error in recording Check No. 123 (9.000.00) Total deductions (32.725.40) Adjusted balance 334,078.23 You assist the intern to check source documents, and find that most of the dollar amounts are corrects howevent steps in helping the intern TE 1 items - 1:17:42 All work saved (250.00) (9,000.00) Bank service charge Error in recording Check No. 123 Total deductions (32,725.40) $34,078.23 Adjusted balance You assist the intern to check source documents, and find that most of the dollar amounts are correct; howev steps in helping the intern. Correct in Intern's Reconciliation? If "No," Corrected Amount Item Yes Yes Yes No $68.00 Yes Cash balance according to bank statement Deposit in transit on January 31 Outstanding Check No. 124 Outstanding Check No. 125 Outstanding Check No. 129 Cash balance according to Murdstone, Inc. Check returned because of insufficient funds Note and interest collected by bank Bank service charge Murdstone error in recording Check No. 123 as $12,435.00 rather than the correct amount of $21.435.00 Yes Yes Yes No $25.00 Yes After asking the intern to search for other errors by comparing her reconciliation to prior bank reconciliations p balance. Round your answer to two decimal places Corrected adjusted balance amounts All work saved

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