Click and drag on elements in order In preparing a monthly bank reconciliation, a business follows several steps. Place the selected steps below in the correct order of occurrence, Instructions Compute the adjusted book balance and compare it to the adjusted bank balance to verify equality Add any unrecorded cash receipts, interest earned, and errors understating the book balance. Subtract any unrecorded bank fees, NSF checks, and errors overstating the book balance. Compute the adjusted bank balance. Enter the bank statement balance then add any deposits in transit and subtract any outstanding checks. Enter the company's book balance. Need help? Review these concept resources. Read About the Concept Fill in the Blank Question Thomas Co. sold $1,000 worth of merchandise on a bank credit card with a 3% fee. The entry to record the sales transaction would include a debit to Cash in the amount of $ Need help? Review these concept resources. Read About the Concept