At August 31, Crane Company has a cash balance per books of $10.700 and the following additional data from the bank statement: charge for printing Crane Company checks $35 and interest earned on checking account balance $40. In addition, Crane Company has outstanding checks of $1,180. Determine the adjusted cash balance per books at August 31. The adjusted cash balance per books at August 31

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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.