Concord Wyatt is unable to reconcile the bank balance at January 31. Concord's reconciliation is as...

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Concord Wyatt is unable to reconcile the bank balance at January 31. Concord's reconciliation is as follows. Cash balance per bank Add: NSF check Less: Bank service charge Adjusted balance per bank Cash balance per books Less: Deposits in transit Add: Outstanding checks Adjusted balance per books (a) $4,440.20 250.00 33.00 $4.657.201 (b) $1,755.20 970.00 Your answer is incorrect. 938.00 $4,723.20 What is the proper adjusted cash balance per bank? (Round answer to 2 decimal places, e.g. 52.75.) Adjusted cash balance per bank $ What is the proper adjusted cash balance per books? (Round answer to 2 decimal places, eg. 52.75.) Adjusted cash balance per books $ Concord Wyatt is unable to reconcile the bank balance at January 31. Concord's reconciliation is as follows. Cash balance per bank Add: NSF check Less: Bank service charge Adjusted balance per bank Cash balance per books Less: Deposits in transit Add: Outstanding checks Adjusted balance per books (a) $4,440.20 250.00 33.00 $4.657.201 (b) $1,755.20 970.00 Your answer is incorrect. 938.00 $4,723.20 What is the proper adjusted cash balance per bank? (Round answer to 2 decimal places, e.g. 52.75.) Adjusted cash balance per bank $ What is the proper adjusted cash balance per books? (Round answer to 2 decimal places, eg. 52.75.) Adjusted cash balance per books $

Answer rating: 100% (QA)

a To find the proper adjusted cash balance per bank we need to recalculate ... View the full answer