Homework Answers
1)
| Balance per bank | 5,000 |
| Deposit in transit | 1,700 |
| Outstanding cheques | - 410 |
| Adjusted bank balance | $6,290 |
2)
| Adjusted cash balance | 6,290 |
| Bank service charge | 26 |
| NSF cheque | 240 |
| Interest earned | - 4 |
| Book error | - 35 |
| Book balance of cash before reconciliation | $6,517 |
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