The bank statement for Hunt Company indicated a balance of 1

The bank statement for Hunt Company indicated a balance of $1,175.00 while the checkbook balance showed $1,821.00. Checks outstanding totaled $115.00. A check printing charge of $35.00 was on the statement. There was a $76.00 NSF charged to the bank statement. A deposit in the amount of $650.00 was outstanding. What was the reconciled cash balance?

Solution

the reconciled cash balance = ($1,175.00 +  $650.00 +  $115.00 -  $1,821.00 - $35.00 - $76.00)

the reconciled cash balance = $8.00