|
Cash balance per bank |
$3,677.20 |
|
Add: NSF check |
450.00 |
|
Less: Bank service charge |
28.00 |
|
Adjusted balance per bank |
$4,099.20 |
|
Cash balance per books |
$3,975.20 |
|
Less: Deposits in transit |
590.00 |
|
Add: Outstanding checks |
770.00 |
|
Adjusted balance per books Prepare the adjusting journal entries necessary to determine the adjusted cash balance per books. |
$4,155.20 |
