Cardinal Company gathered the following reconciling information in preparing its March bank reconciliation: Cash balance per books, 3/31 Deposits in transit Notes receivable and interest collected by bank $17,600 4,800 5,920 Bank service fee Outstanding checks NSF check returned by bank The adjusted cash balance per books on March 31 is: $22,420 $23,520 $22,200 400 9,600 700
Cardinal Company gathered the following reconciling information in preparing its March bank reconciliation: Cash balance per books, 3/31 Deposits in transit Notes receivable and interest collected by bank $17,600 4,800 5,920 Bank service fee Outstanding checks NSF check returned by bank The adjusted cash balance per books on March 31 is: $22,420 $23,520 $22,200 400 9,600 700
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
![Cardinal Company gathered the following reconciling information in preparing its
March bank reconciliation:
$17,600
4,800
5,920
Cash balance per books, 3/31
Deposits in transit
Notes receivable and interest collected by
bank
Bank service fee
Outstanding checks
NSF check returned by bank
The adjusted cash balance per books on March 31 is:
$22,420
$23,520
$22,200
$24,440
400
9,600
700](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F87bb6fa2-16f6-449b-8672-e576ef2a7d16%2F71b7919a-bfad-41b2-a5c1-d40af9f54104%2Fiz925ym_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Cardinal Company gathered the following reconciling information in preparing its
March bank reconciliation:
$17,600
4,800
5,920
Cash balance per books, 3/31
Deposits in transit
Notes receivable and interest collected by
bank
Bank service fee
Outstanding checks
NSF check returned by bank
The adjusted cash balance per books on March 31 is:
$22,420
$23,520
$22,200
$24,440
400
9,600
700
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