A company is preparing its monthly bank reconciliation. The ending balance on the bank statement is...
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A company is preparing its monthly bank reconciliation. The ending balance on the bank statement is shown as $8418. At the end of the month, the following information was provided by company records and the monthly bank statement: Bank service charges shown on the bank statement $ 41 NSF cheques from customers shown on the 127 bank statement Deposits in transit at the end of the month 1317 A cheque for $ 115 (the correct amount) written by the company was recorded in the books at 236 Outstanding cheques at the end of the month 2685 What is the cash balance per books after all adjustments have been made? Select one: a. $7050 b. S7009 C. $6761 d. Se862 F10 & 5 0 6 7 8 9. Y A company is preparing its monthly bank reconciliation. The ending balance on the bank statement is shown as $8418. At the end of the month, the following information was provided by company records and the monthly bank statement: Bank service charges shown on the bank statement $ 41 NSF cheques from customers shown on the 127 bank statement Deposits in transit at the end of the month 1317 A cheque for $ 115 (the correct amount) written by the company was recorded in the books at 236 Outstanding cheques at the end of the month 2685 What is the cash balance per books after all adjustments have been made? Select one: a. $7050 b. S7009 C. $6761 d. Se862 F10 & 5 0 6 7 8 9. Y
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Related Book For
Financial Accounting
ISBN: 978-0078025556
8th edition
Authors: Robert Libby, Patricia Libby, Daniel Short
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