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Lily Wyatt is unable to reconcile the bank balance at January 31. Lily's reconciliation is as follows. 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) $4,060.20 440.00 34,00 $4,466.20 $4,375.20 780.00 939.00 $4,534.20 What is the proper adjusted cash balance per bank? (Round answer to 2 decimal places, e.g. 52.75.) Adjusted cash balance per bank $

Lily Wyatt is unable to reconcile the bank balance at January 31. Lily's reconciliation is as follows. 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) $4,060.20 440.00 34,00 $4,466.20 $4,375.20 780.00 939.00 $4,534.20 What is the proper adjusted cash balance per bank? (Round answer to 2 decimal places, e.g. 52.75.) Adjusted cash balance per bank $

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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Lily Wyatt is unable to reconcile the bank balance at January 31. Lily's reconciliation is as follows. 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) $4,060.20 440.00 34,00 $4,466.20 $4,375.20 780.00 939.00 $4,534.20 What is the proper adjusted cash balance per bank? (Round answer to 2 decimal places, e.g. 52.75.) Adjusted cash balance per bank $
Transcribed Image Text:Lily Wyatt is unable to reconcile the bank balance at January 31. Lily's reconciliation is as follows. 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) $4,060.20 440.00 34,00 $4,466.20 $4,375.20 780.00 939.00 $4,534.20 What is the proper adjusted cash balance per bank? (Round answer to 2 decimal places, e.g. 52.75.) Adjusted cash balance per bank $
What is the proper adjusted cash balance per books? (Round answer to 2 decimal places, e.g. 52.75.) Adjusted cash balance per books $
Transcribed Image Text:What is the proper adjusted cash balance per books? (Round answer to 2 decimal places, e.g. 52.75.) Adjusted cash balance per books $
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