(Answered) Question - juan ortiz is unable to reconcile the bank

Accounting

Question - Juan Ortiz is unable to reconcile the bank balance at January 31. Juan's reconciliation is shown here. (Round all answers to 2 decimal places, e.g. 12.25.)

Cash balance per bank $4,154.88

Add: NSF check 581.92

Less: Bank service charge 36.87

Adjusted balance per bank $4,699.93

Cash balance per books $4,469.88

Less: Deposits in transit 578.13

Add: Outstanding checks 881.92

Adjusted balance per books $4,773.67

(a) What is the proper adjusted cash balance per bank?

(b) What is the proper adjusted cash balance per books?

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