The set of items below was identified in preparing a bank reconciliation for Mars Corp, as...
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The set of items below was identified in preparing a bank reconciliation for Mars Corp, as of August 31, 2017. Bank statement balance $19,500 Mars's book balance (before adjustments) Outstanding checks 2,700 Customer's NSF check 350 Service charges 100 Deposit in transit 1,000 Interest earmed on checking account 60 Mars Corp.'s balance per books before the reconciliation is Oa. $17410. Оb. S17900. Oc. S18 190. Od. $18,310. The set of items below was identified in preparing a bank reconciliation for Mars Corp, as of August 31, 2017. Bank statement balance $19,500 Mars's book balance (before adjustments) Outstanding checks 2,700 Customer's NSF check 350 Service charges 100 Deposit in transit 1,000 Interest earmed on checking account 60 Mars Corp.'s balance per books before the reconciliation is Oa. $17410. Оb. S17900. Oc. S18 190. Od. $18,310.
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Answer 18190 is the right answer Balance as per bank statement of Mars corp as on aug 312017 19500 I... View the full answer
Related Book For
Using Financial Accounting Information The Alternative to Debits and Credits
ISBN: 978-1133161646
7th Edition
Authors: Gary A. Porter, Curtis L. Norton
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