Thompson Company's ending cash balance is $950, before adjusting items. The only adjusting items were: $25 service

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Thompson Company's ending cash balance is $950, before adjusting items. The only adjusting items were:

$25 service charge

NSF cheque for $200.

$300 deposit is in transit

outstanding cheques total $450.

What was Thompson Company's unadjusted bank balance on the bank statement?

Related Book For answer-question

Fundamentals of Financial Accounting

ISBN: 978-1259103292

4th Canadian edition

Authors: Fred Phillips, Robert Libby, Patricia Libby, Brandy Mackintosh

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Posted Date: Jan 16, 2024 01:07 AM

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Thompson Company's ending cash balance is $950, before adjusting items. The only adjusting items were: $25 service

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Fundamentals of Financial Accounting

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