10. Cyprus, Inc. June bank statement shows a June 30 balance of $27,150. Prior to reconciliation,...

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10. Cyprus, Inc. June bank statement shows a June 30 balance of $27,150. Prior to reconciliation, its books show a cash balance of $27,630. The information below pertains to Cyprus: Deposits in transit Checks outstanding Bank service charges Error in Cyprus's records overstating cash disbursement Check of another company charged eroneously against Cyprus, Inc.'s bank account Bank statement shows bank collected a note receivable and interest income for Cyprus, Inc. $2,100 1,440 60 270 750 720 The reconciled cash balance at June 30 on the bank reconcillation should be: A) $30,300 8) $28,560 C) $28,020 D) $27,810 10. Cyprus, Inc. June bank statement shows a June 30 balance of $27,150. Prior to reconciliation, its books show a cash balance of $27,630. The information below pertains to Cyprus: Deposits in transit Checks outstanding Bank service charges Error in Cyprus's records overstating cash disbursement Check of another company charged eroneously against Cyprus, Inc.'s bank account Bank statement shows bank collected a note receivable and interest income for Cyprus, Inc. $2,100 1,440 60 270 750 720 The reconciled cash balance at June 30 on the bank reconcillation should be: A) $30,300 8) $28,560 C) $28,020 D) $27,810

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