Answer:
$1326
Step-by-step explanation:
Follow the format of the reconciliation statement
The adjusted cash balances should match
Cash balance as per the bank statement, January 31 1421.95
Add: Deposit in transit 100.05
Deduct: Outstanding checks <u>(196)</u>
Adjusted cash balance <u>1326</u>
Balance as per depositor's record, January 31 1202.5
Subtract: NSF check (18)
Subtract: Service charges (8.5)
Add: receivable collected <u>150</u>
Adjusted cash balance <u>1326</u>
The reconciled amount is $1326.
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