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typing please. E7-6 Rachel Sells is unable to reconcile the bank balance at January 31. Rachel's recon- ciliation is shown here. $3,677.20 450.00 28.00 $4,099.20

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E7-6 Rachel Sells is unable to reconcile the bank balance at January 31. Rachel's recon- ciliation is shown here. $3,677.20 450.00 28.00 $4,099.20 Cash balance per bank Add: NSF check Less: Bank service charge Adjusted balance per bank Cash balance per books Less: Deposits in transit Add: Outstanding checks Adjusted balance per books $3,975.20 590.00 770.00 $4,155.20 Instructions (a) What is the proper adjusted cash balance per bank? (b) What is the proper adjusted cash balance per books? (c) Prepare the adjusting journal entries necessary to determine the adjusted cash bal- ance per books

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