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Carol Sells is unable to reconcile the bank balance at January 31. Carol’s reconciliation is shown...

Carol Sells is unable to reconcile the bank balance at January 31. Carol’s reconciliation is shown here.

Cash balance per bank $4,567.20

Add: NSF check 480.00

Less: Bank service charge 36.00

Adjusted balance per bank $5,011.20

Cash balance per books $4,865.20

Less: Deposits in transit 582.00

Add: Outstanding checks 800.00

Adjusted balance per books $5,083.20

(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 $Enter a dollar amount rounded to 2 decimal places

(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 $Enter a dollar amount rounded to 2 decimal places

(c) Prepare the adjusting journal entries necessary to determine the adjusted cash balance per books. (Round answers to 2 decimal places, e.g. 52.75. Credit account titles are automatically indented when amount is entered. Do not indent manually.)

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