In preparing its bank reconciliation for the month of April 2019, Haskins, Inc. has available the followinginformation.Balance per bank statement, 4/30/19$27,280NSF check returned with 4/30/19 bank statement900Deposits in transit, 4/30/197,000Outstanding checks, 4/30/1910,400Bank service charges for April40What should be the adjusted cash balance at April 30, 2019?Select one:a. $23,840b. $23,880c. $22,980d. $22,940

BRS is the statement which gives the reasons for difference in bank column and bank statement.

Answered: 4/30/19 bank statement 900 /19 7,000…

Business

Accounting

4/30/19 bank statement 900 /19 7,000 0/19 10,400 April 40 usted cash balance at April 30, 2019?

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Concept explainers

Bank Reconciliation Statement

As a commerce student, we all know that every business has to maintain a cash book to maintain all his cash and bank transactions. A cash book is a book which has two columns, one cash column and one bank column.

Question

In preparing its bank reconciliation for the month of April 2019, Haskins, Inc. has available the following
information.
Balance per bank statement, 4/30/19
$27,280
NSF check returned with 4/30/19 bank statement
900
Deposits in transit, 4/30/19
7,000
Outstanding checks, 4/30/19
10,400
Bank service charges for April
40
What should be the adjusted cash balance at April 30, 2019?
Select one:
a. $23,840
b. $23,880
c. $22,980
d. $22,940

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