At August 31, Swifty Corporatiòn has a cash balance per books of $7,820 and the following additional data from the bank statement: charge for printing Swifty Corporation checks $42 and interest earned on checking account balance $46. In addition, Swifty Corporation has outstanding checks of $820. Determine the adjusted cash balance per books at August 31. Adjusted cash balance per books $

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Bank Reconciliation Statement

As a commerce student, we all know that every business has to maintain a cash book to maintain all his cash and bank transactions. A cash book is a book which has two columns, one cash column and one bank column.