The May bank statement for Consulting Services shows a balance of $7,200, but the balance per books shows a cash balance of $9,100. Other information includes
1. A check for $170 to pay the electric bill was recorded on the books as $20; understated. 2. Included on the bank statement was a note collected by the bank for $450 plus interest earned of $30. 3. Checks outstanding totaled $290. 4. Bank service charges were $60. 5. Deposits in transit were $2,460. Which item should be added to the company's book balance during the bank reconciliation?
