At the end of September, Rose had a cash balance of $ 9,060. The bank statement on
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At the end of September, Rose had a cash balance of $ 9,060. The bank statement on September 30 showed a balance of $ 8,610. What is the amount of deposits in transit, assuming the only other reconciling items consist of a service charge of $ 7 and outstanding checks of $ 825?
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Balance per bank Balance per books Starting balance 8610 ...View the full answer
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Related Book For
Introduction to Accounting An Integrated Approach
ISBN: 978-0078136603
6th edition
Authors: Penne Ainsworth, Dan Deines
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