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Prepare a Bank Reconciliation Statement for Rana company that has: Bank statement of $8,000. Cash account...

Prepare a Bank Reconciliation Statement for Rana company that has:

  • Bank statement of $8,000.
  • Cash account of $7,200.

Additional information for the reconciliation:

  • Deposit in transit.
  • NSF Check.
  • Outstanding check.
  • Collections made by the bank.

Required: provide an amount of each information to bring the adjusted balances to be equal.

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