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The following information was available to the accountant of Scarlet Co. when preparing the monthly bank reconciliation: Cash balance per bank statement $ 1,095 Cash
The following information was available to the accountant of Scarlet Co. when preparing the monthly bank reconciliation:
Cash balance per bank statement | $ | 1,095 | ||
Cash balance per books (prior to reconciliation) | 816 | |||
Outstanding check #643 | 622 | |||
Outstanding check #651 | 55 | |||
Bank service charges | 37 | |||
Customer check returned by bank as NSF | 80 | |||
Deposits in transit | 310 | |||
Interest received from bank | 29 | |||
The amount of cash that should appear on the balance sheet following completion of the reconciliation and adjustment of the accounting records is:
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