Question

The following data apply to Pro Beauty Supply Inc. for May 2016:
1. Balance per the bank on May 31, $9,150.
2. Deposits in transit not recorded by the bank, $1,510.
3. Bank error; check written by Best Beauty Supply was charged to Pro Beauty Supply’s account, $560.
4. The following checks written and recorded by Pro Beauty Supply were not included in the bank statement:
3013 .... $ 510
3054 .... 640
3056 .... 1,520
5. Note collected by the bank, $500.
6. Service charge for collection of note, $20.
7. The bookkeeper recorded a check written for $320 to pay for the May utilities expense as $230 in the cash disbursements journal.
8. Bank service charge in addition to the note collection fee, $40.
9. Customer checks returned by the bank as NSF, $310.
Required
Determine the amount of the unadjusted cash balance per Pro Beauty Supply’s books.


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  • CreatedApril 20, 2015
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