Exercise 8-9 (Part Level Submission)

Don Wyatt is unable to reconcile the bank balance at January 31. Don’s reconciliation is as follows.

Cash balance per bank$3,760.20

Add: NSF check590.00

Less: Bank service charge30.00

Adjusted balance per bank$4,320.20

Cash balance per books$4,075.20

Less: Deposits in transit630.00

Add: Outstanding checks935.00

Adjusted balance per books$4,380.20

(a)

Make a correct bank reconciliation. (List items that increase cash balance first. Round answers to 2 decimal places, e.g. 52.75.)