Business, 17.04.2020 02:58 Falconpride4079

Brockton Carpet Cleaning prepares a bank reconciliation at the end of every month. At the end of July, the balance in the general ledger checking account was $2,990 and the bank balance on the bank statement was $3,100. Outstanding checks totaled $800 and deposits in transit were $520. The bank statement revealed that a check written for $240 was incorrectly recorded by Brockton as a $340 disbursement. The bank statement listed service charges and NSF check charges totaling $270.

The corrected cash balance is:

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Brockton Carpet Cleaning prepares a bank reconciliation at the end of every month. At the end of Jul...