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Use the following to answer questions 9-11 On February 28th, the general ledger of CACN shows a balance for cash of $100,000. Cash receipts yet
Use the following to answer questions 9-11 On February 28th, the general ledger of CACN shows a balance for cash of $100,000. Cash receipts yet to be deposited into the checking account total $25,000, while checks written by CACN but not yet processed by the bank total $52,000. The company's balance of cash does not reflect a NSF check of $1,000, a service fee of $25 and interest earned of $20 and a customer payments collected by the bank of $30,000; however, these amounts are included in the balance of cash of $155,995 reported by the bank as of the end of the month. Answer the following based on the process of doing the bank reconciliation: 9. $ _Determine the total amount that is used to reconcile the Bank balance (include - if needed): 10.$__ _Determine the total amount that is used to reconcile the Company cash balance (include "-" if needed) 11. $ _What is the balance in the company's cash account after the reconciliation
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