Don Wyatt is unable to reconcile the bank balance at
Don Wyatt is unable to reconcile the bank balance at January 31. Don’s reconciliation is as follows.
Cash balance per bank ......... $3,560.20
Add: NSF check ............ 490.00
Less: Bank service charge ......... 25.00
Adjusted balance per bank ........ $4,025.20
Cash balance per books .......... $3,875.20
Less: Deposits in transit ......... 530.00
Add: Outstanding checks ......... 730.00
Adjusted balance per books ........ $4,075.20

Instructions
(a) Prepare a correct bank reconciliation.
(b) Journalize the entries required by the reconciliation.

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