Question: mod/quiz/at 5 course (2) - - Lion 32 et ered d out of In preparing its August 31, 2016 bank reconciliation, Oakley Corp. has available

 mod/quiz/at 5 course (2) - - Lion 32 et ered d

mod/quiz/at 5 course (2) - - Lion 32 et ered d out of In preparing its August 31, 2016 bank reconciliation, Oakley Corp. has available the following information: Balance per bank statement, 8/31/16 $65,490 Deposit in transit, 8/31/16 10,170 Return of customer's check not sufficient funds, 8/30/16 1,800 Outstanding checks, 8/31/16 5,820 Bank service charges for August 350 At August 31, 2016, Oakley's adjusted cash balance is =g question Select one: a. $59,670 b. $59,320. C. $69,8400. d. The answer does not exist e. $61,1400

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!