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Journalize the entries require by reconciliation

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Question - Samer Company is unable to recon he bank balance at January 31. Samer's reconciliation is as follows.

Cash balance per bank $7,340

Add: NSF check 1,240

Less: Bank service charge 35

Adjusted balance per bank $8,615

Cash balance per books $7,815

Less: Deposits in transit 850

Add: Outstanding checks 1,650

Adjusted balance per books $9,315

Required -

(a) Prepare correct bank reconciliation.

(b) Journalize the entries require by reconciliation.

Reference no: EM133105314

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