Balance per bank statement, Dec 31, 2020 38,830 Collections recorded but not yet deposited in the bank 4,353 NSF check- not recorded on books 1,820 Bank charges not yet recorded 35 Note collected by bank and not yet recorded in the books 1,790 Outstanding checks 2,200 The cash balance per books of ABC Company on Dec 31, 2020 is:
Balance per bank statement, Dec 31, 2020 38,830 Collections recorded but not yet deposited in the bank 4,353 NSF check- not recorded on books 1,820 Bank charges not yet recorded 35 Note collected by bank and not yet recorded in the books 1,790 Outstanding checks 2,200 The cash balance per books of ABC Company on Dec 31, 2020 is:
Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter5: Internal Control And Cash
Section: Chapter Questions
Problem 5.4.3P
Related questions
Question
ABC Company showed its cash in bank below: *
A.40,983
B.41,048
C.39,048
D.36,048
![Balance per bank statement, Dec 31, 2020
38,830
Collections recorded but not yet deposited in the bank
4,353
NSF check- not recorded on books
1,820
Bank charges not yet recorded
Note collected by bank and not yet recorded in the books
35
1,790
Outstanding checks
2,200
The cash balance per books of ABC Company on Dec 31, 2020 is:](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fc449f03c-cd02-4294-8690-616874bd2d88%2Fc2d7f74f-9cb1-41b9-8573-c120e0d360be%2F9wug3t_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Balance per bank statement, Dec 31, 2020
38,830
Collections recorded but not yet deposited in the bank
4,353
NSF check- not recorded on books
1,820
Bank charges not yet recorded
Note collected by bank and not yet recorded in the books
35
1,790
Outstanding checks
2,200
The cash balance per books of ABC Company on Dec 31, 2020 is:
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