ADJUSTED BALANCE NOVEMBER 30 RECEIPTS DISBURSEMENT DECEMBER 31

METHOD
BANK BALANCE 3,600,000 5,500,000 4,400,000 4,700,000
DEPOSIT IN TRANSIT
NOV. 30 800,000 (800,000)
DEC. 31 700,000 700,000
OUTSTANDING CHECKS
NOV. 30 (1,200,000) (1,200,000)
DEC. 31 500,000 (500,000)
BANK ERROR
NOV. 30 (200,000) (200,000)
BANK BALANCE 3,000,000 5,400,000 3,500,000 4,900,000

BOOK BALANCE 3,000,000 4,400,000 3,100,000 4,200,000

CM
DEC. 31 1,000,000 1,000,000
NSF CHECKS
DEC. 31 350,000 (350,000)
SERVICE CHARGE 50,000 (50,000)
DEC. 31
BOOK BALANCE 3,000,000 5,400,000 3,500,000 4,900,000