Eldorado Mining had the following information available from a November 2017 bank reconciliation: outstanding cheques totalling $2,890 and outstanding deposits totalling $2,140. The November 30 reconciled cash balance per the bank and books was $9,210.
Additional December information:
a. The December bank statement shows the following amounts and charges:
i. Credit item-note collection, $1,105, plus interest, $23
ii. Debit item-NSF cheque from B. Jones, $242
iii. Service charges in the amount of $20
b. Cheques that cleared the bank in December totalled $30,212.
c. Deposits from the December bank statement, not including the credit item above, totalled $27,402.
d. Eldorado wrote and recorded cheques in the amount of $30,102.
e. Eldorado recorded collections and deposits of $34,370.
Required
Calculate the following at December 31, 2017:
1. The unadjusted balance in the Cash account
2. The unadjusted balance in the bank account
3. Deposits in transit
4. Outstanding cheques
5. Reconciled bank balance
6. Reconciled book balance