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Less: Bank service charge Adjusted balance per bank Cash balance per books Less: Deposits in transit Add: Outstanding checks Adjusted balance per books (a) 32.00 $4,458.20 $4,355.20 770.00 937.00 $4,522.20 What is the proper adjusted cash balance per bank? (List items that increase cash balance first. Round answers to 2 decimal places, e.g. 52.75.)

Less: Bank service charge Adjusted balance per bank Cash balance per books Less: Deposits in transit Add: Outstanding checks Adjusted balance per books (a) 32.00 $4,458.20 $4,355.20 770.00 937.00 $4,522.20 What is the proper adjusted cash balance per bank? (List items that increase cash balance first. Round answers to 2 decimal places, e.g. 52.75.)

College Accounting (Book Only): A Career Approach
College Accounting (Book Only): A Career Approach
13th Edition
ISBN:9781337280570
Author:Scott, Cathy J.
Publisher:Scott, Cathy J.
Chapter6: Bank Accounts, Cash Funds, And Internal Controls
Section: Chapter Questions
Problem 5DQ
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Tamarisk Sells is unable to reconcile the bank balance at January 31. Tamarisk's reconciliation is shown here. 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 (a) $4,040.20 450.00 32.00 $4,458.20 $4,355.20 770.00 937.00 $4,522.20 What is the proper adjusted cash balance per bank? (List items that increase cash balance first. Round answers to 2 decimal places, e.g. 52.75.)
Transcribed Image Text:Tamarisk Sells is unable to reconcile the bank balance at January 31. Tamarisk's reconciliation is shown here. 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 (a) $4,040.20 450.00 32.00 $4,458.20 $4,355.20 770.00 937.00 $4,522.20 What is the proper adjusted cash balance per bank? (List items that increase cash balance first. Round answers to 2 decimal places, e.g. 52.75.)
(a) What is the proper adjusted cash balance per bank? (List items that increase cash balance first. Round answers to 2 decimal places, e.g. 52.75.) Tamarisk Bank Reconciliation January 31 For the Year Ended January 31 For the Month Ended January 31 $
Transcribed Image Text:(a) What is the proper adjusted cash balance per bank? (List items that increase cash balance first. Round answers to 2 decimal places, e.g. 52.75.) Tamarisk Bank Reconciliation January 31 For the Year Ended January 31 For the Month Ended January 31 $
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