Tony is unable to reconcile the bank balance at 31 January. Tonys reconciliation is as follows.

Required

• Prepare a correct bank reconciliation.
• Journalise the entries required by the reconciliation

cash balance per bank 4660.20

add nsf cheque 590

less bank serveice charge 25

adjusted balance per bank 5225.20

cash balance per books 4875.20

less deposits in transits 530

add outstanding cheques 930

adjusted balance per books 5275.20