Question

The following information regarding cash for Alpha Company is provided for the month ending March 31,...

The following information regarding cash for Alpha Company is provided for the month ending March 31, 2016:

Item

Amount

Ending Cash per Bank Statement

Ending Cash per books

$22,484

$14,794

Note collected by bank included interest of $106

$5,106

Bank Service Charges

$35

Deposits in Transit

$1,776

Outstanding Cheques

$4,717

Customer Cheque returned NSF

$322

Do the bank reconciliation in order to find the adjusted cash balance.

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