Yenn Company developed the following reconciling information in preparing its September bank reconciliation: Cash balance per...
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Yenn Company developed the following reconciling information in preparing its September bank reconciliation: Cash balance per bank, 9/30..........$11,000 Note receivable collected by bank....$ 4,000 ...$ 6,000 Outstanding checks.. Deposits-in-transit... .$ 3,000 ..$ 50 Bank service charge...... NSF check............. .$ 800 Determine the cash balance per books (before adjustments) for Yenn Company. a. $8,850 b. $14,000 c. $4,850 d. $11,000 Yenn Company developed the following reconciling information in preparing its September bank reconciliation: Cash balance per bank, 9/30..........$11,000 Note receivable collected by bank....$ 4,000 ...$ 6,000 Outstanding checks.. Deposits-in-transit... .$ 3,000 ..$ 50 Bank service charge...... NSF check............. .$ 800 Determine the cash balance per books (before adjustments) for Yenn Company. a. $8,850 b. $14,000 c. $4,850 d. $11,000
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Correct Cash Balance Cash balance per bank Deposits in transit outstanding checks Cor... View the full answer
Related Book For
Fundamentals of Hydraulic Engineering Systems
ISBN: 978-0136016380
4th edition
Authors: Robert J. Houghtalen, A. Osman H. Akan, Ned H. C. Hwang
Posted Date:
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