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The Following Information Pertains to the Bank Reconciliation of January

Question 181

Essay

The following information pertains to the bank reconciliation of January 31, 2014 for the Beckett Company:  Unadjusted bank balance: $9,450 Bank collection of a note receivable (no interest): 1,000 Bank service charge: 30 Deposit in transit 2,000 NSF check returned by the bank: 900 Outstanding checks: 3,000\begin{array}{lr}\text { Unadjusted bank balance: } & \$ 9,450 \\\text { Bank collection of a note receivable (no interest): } & 1,000 \\\text { Bank service charge: } & 30 \\\text { Deposit in transit } & 2,000 \\\text { NSF check returned by the bank: } & 900 \\\text { Outstanding checks: } & 3,000\end{array}
In addition, the reconciliation revealed one error: Check #2146 for $95 was incorrectly recorded in the books for $59.
Using the above information, compute the unadjusted book balance.

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$8,416 *
*Adjusted balance for bank: $9,...

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