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What is the adjusted balance of cash per the bank reconciliation? At November 30,...

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What is the adjusted balance of cash per the bank reconciliation?

At November 30, the balance of the Cash account according to the records of Blue Company was $7,261. The November 30 bank statement showed a balance of $8,798. Prepare the bank reconciliation of Blue Company at November 30, using the following supplementary information: (a.) Deposit in transit at November 30, $6,772. (b.) Outstanding checks: #120, $140; #121, $932; #127, $307; #134, $2,200. (c.) Service charge by bank, $50. (d.) A note receivable for $5,050 was collected and credited to company's account. No interest involved. (e.) A check for $90 drawn by a customer, ABC, but deducted from Blue's account by the bank and returned with the notation "NSF." (f.) Blue's check no. 133, issued in payment of $970 worth of office equipment, correctly written in the amount of $970 but erroneously recorded in Blue's accounting records as $790

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