Question: Please answer the question in it's entirety, I will rate thank you! Rachel Sells is unable to reconcile the bank balance at January 31. Rachel's
Please answer the question in it's entirety, I will rate thank you!


Rachel Sells is unable to reconcile the bank balance at January 31. Rachel's reconciliation is shown here. Cash balance per bank $4,557.20 Add: NSF check 620.00 53.00 Less: Bank service charge $5,124.20 Adjusted balance per bank Cash balance per books $4,855.20 Less: Deposits in transit 565.00 Add: Outstanding checks 940.00 Adjusted balance per books $5,230.20 (a) What is the proper adjusted cash balance per bank? (Round answers to 2 decimal places, e.g. 52.75.) The proper adjusted cash balance per bank (b) What is the proper adjusted cash balance per books? (Round answers to 2 decimal places, e.g. 52.75.) The proper adjusted cash balance per books s
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