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What is adjusted reconciling balance per books and per bank

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Question - In preparing its bank reconciliation for September 2020, Brigg Inc. provided the following information:

Balance per bank statement, 9/30/2020 $39,090

NSF check returned 450

Deposits in transit 5,000

Outstanding checks 5,200

Balance per books, 9/30/2020 39,930

In examining the deposits and checks that cleared the bank, the following two items were noted:

1. A $500 check cleared in the September bank statement but was actually for Briggett Company.

2. A $320 vendor payment check cleared in the September bank statement but was recorded in the cash disbursements journal for $230.

What is adjusted reconciling balance per books and per bank?

Reference no: EM132929904

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