44 - -$1226.58 (outstanding checks) Books- $4568.80 $9.52...

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According to the bank, the balance in the cash account should be 4501.67. but according to the accounting records, the balance in the cash account is 4568.80. what is the correct balance in the cash account? Recorded balance Bank- $4501.67 $525.34 (deposit in transit)
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Unformatted text preview: -$1226.58 (outstanding checks) Books- $4568.80 $9.52 (interest)-$12.50 (service fee)-$630.39 (NSF check)-$135.00 (error) Adjusted balance Bank- 3800.43 Books- 3800.43 Error 1. Who made the error? 2. What is the $ of the error? 3. Add or subtract?...
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