You have been asked to prepare a bank reconciliation and are given the following information. The bank statement balance is $4,900 and shows a service charge of $24, interest earned of $4, and an NSF cheque for $120. Deposits in transit total $1,600; outstanding cheques are $610. You recorded as $141 a cheque of $123 in payment of an account payable. (1) What is the adjusted bank balance? (2) What was the book balance of cash before the reconciliation? (1) What is the adjusted bank balance? Adjusted bank balance: (2) What was the book balance of cash before the reconciliation? Book balance of cash before the reconciliation 
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