The following items relate to the companys March bank reconciliation: Bank statement balance $29,600 Unadjusted cash balance
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Question:
The following items relate to the company’s March bank reconciliation:
Bank statement balance | $29,600 |
Unadjusted cash balance according to company records | ? |
Deposit in transit | 2,200 |
Outstanding checks | 3,100 |
Bank service charges | 200 |
Interest earned on the bank account | 100 |
Customer's NSF check returned by the bank | 300 |
Refer to Delco Construction. What is the company's unadjusted cash balance in its accounting records at March 31st before the reconciliation was completed?
Related Book For
Financial Accounting Tools for Business Decision Making
ISBN: 978-0470239803
5th Edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
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