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The following information regarding Quirky Coo's bank reconciliation process is available: Cash Balance on 31/12/2021. $8600 Bank Statement Balance on 31/12/2021. I. $9820 Deposits
The following information regarding Quirky Coo's bank reconciliation process is available: Cash Balance on 31/12/2021. $8600 Bank Statement Balance on 31/12/2021. I. $9820 Deposits in transit. $980 Accounts Receivables and interest collected by the bank... NSF Check.. $2000 Outstanding checks.......$600 Monthly bank charges....$15 $1121 What should be the balance under cash book at the end of the month, after the bank reconciliation process is completed? Show all your workings.
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