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The following information is related to the bank reconciliation of the Acme Company: Balance per bank statement..................................$1,951.20 Balance per ledger..................................................1,869.60 Deposits in transit......................................................271.20 Outstanding checks...................................................427.80 NSF check...................................................................61.20 Service charges............................................................13.80 The adjusted / correct cash balance is _______________. a. $1,794.60 b.

The following information is related to the bank reconciliation of the Acme Company:
Balance per bank statement..................................$1,951.20
Balance per ledger..................................................1,869.60
Deposits in transit......................................................271.20
Outstanding checks...................................................427.80
NSF check...................................................................61.20
Service charges............................................................13.80
The adjusted / correct cash balance is _______________.
a. $1,794.60
b. $1,719.60
c. $1,638.00
d. $1,713.00
e. $1,876.20

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Using Financial Accounting Information The Alternative to Debits and Credits

Using Financial Accounting Information The Alternative to Debits and Credits

ISBN: 978-1133161646

7th Edition

Authors: Gary A. Porter, Curtis L. Norton

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Posted Date: November 22, 2017 08:00:57
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