the following data were accumulated for use in recording the bank account of Robinson & Robinson law fir

The following data were accumulated for use in reconciling the bank account of Robinson Robinson Law Firm for July: 10pts 1. Cash balance according to the company's records at July 31, $32,110. 2. Cash balance according to the bank statement at July 31, $31,350. 3. Checks outstanding, $2,870. 4. Deposits in transit, not recorded by bank, $4,150 A check for $170 in payment of an account was erroneously recorded in the check register 5. as $710 6. Bank Debit memo for service charges, $20. Required: Prepare a bank reconciliation using the correct format. If the balance sheet is prepared for Robinson&Robinson Law firm on July 31, what amount a. b. should be reported for cash? Must a bank reconciliation always balance(reconcile) c. Proper layout and workings are required. If not done, points will be lost