Cash on the books as of April 30 was $499. Cash as shown on the bank statement
Question:
Outstanding checks totaled $240.
Bank service charges for April amounted to $9
The bank collected for Rawlins Company $840 (which includes $40 interest) on a note left for collection.
An NSF check for $80 from a customer, Joe Beck, was returned with the statement.
What amount would appear on the Balance Sheet?
A. $1,250
B. $1,330
C. $ 499
D. None of the above
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Related Book For
Principles of Accounting
ISBN: 978-1133626985
12th edition
Authors: Belverd E. Needles, Marian Powers and Susan V. Crosson
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