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Oriole Wyatt is unable to reconcile the bank balance at January 31. Oriole's reconcilia Cash balance per bank Add: NSF check Less: Bank service charge Adjusted balance per bank $4,320.20 310.00 30.00 $4,600.20

Oriole Wyatt is unable to reconcile the bank balance at January 31. Oriole's reconcilia Cash balance per bank Add: NSF check Less: Bank service charge Adjusted balance per bank $4,320.20 310.00 30.00 $4,600.20

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Oriole Wyatt is unable to reconcile the bank balance at January 31. Oriole's reconciliation is as follows. Cash balance per bank Add: NSF check Less: Bank service charge Adjusted balance per bank (b) $4,320.20 Cash balance per books Less: Deposits in transit Add: Outstanding checks Adjusted balance per books $4,660.20 eTextbook and Media Adjusted cash balance per bank $ List of Accounts 310.00 $4,600.20 Save for Later 30.00 $4,635.20 Show Transcribed Text What is the proper adjusted cash balance per bank? (Round answer to 2 decimal places, e.g. 52.75.) 910.00 Adjusted cash balance per books $ 935.00 Attempts: 0 of 5 used Submit Answer What is the proper adjusted cash balance per books? (Round answer to 2 decimal places, e.g. 52.75.)
Transcribed Image Text:Oriole Wyatt is unable to reconcile the bank balance at January 31. Oriole's reconciliation is as follows. Cash balance per bank Add: NSF check Less: Bank service charge Adjusted balance per bank (b) $4,320.20 Cash balance per books Less: Deposits in transit Add: Outstanding checks Adjusted balance per books $4,660.20 eTextbook and Media Adjusted cash balance per bank $ List of Accounts 310.00 $4,600.20 Save for Later 30.00 $4,635.20 Show Transcribed Text What is the proper adjusted cash balance per bank? (Round answer to 2 decimal places, e.g. 52.75.) 910.00 Adjusted cash balance per books $ 935.00 Attempts: 0 of 5 used Submit Answer What is the proper adjusted cash balance per books? (Round answer to 2 decimal places, e.g. 52.75.)
Prepare the adjusting journal entries necessary to determine the adjusted cash balance per books. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. Round answers to 2 decimal places, e.g. 52.75.) No. Account Titles and Explanation 1. 2. (To record NSF check.) (To record bank service charge.) Debit Credit
Transcribed Image Text:Prepare the adjusting journal entries necessary to determine the adjusted cash balance per books. (List all debit entries before credit entries. Credit account titles are automatically indented when amount is entered. Do not indent manually. Round answers to 2 decimal places, e.g. 52.75.) No. Account Titles and Explanation 1. 2. (To record NSF check.) (To record bank service charge.) Debit Credit
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