Cash balance per books, September 30$5,300Deposits in transit510Notes receivable with interest collected by bank580Bank service charges70Outstanding cheques1,800NSF cheque150The adjusted cash balance per books on September 30 isO 1) $5,700.00O 2) $5,660.0OO 3) $6,210.00O 4) $5,810.0O

Introduction:- Bank reconciliation is the process of comparing accounting records to a bank…

Cash balance per books, September 30 $5,300 eposits in transit 510 lotes receivable with interest collected by bank 580 ank service charges 70 Dutstanding cheques 1,800 ISF cheque 150 The adjusted cash balance per books on September 30 is D1) $5,700.00 D 2) $5,660.00 D 3) $6,210.00 4) $5 81000

Cash balance per books, September 30 $5,300 eposits in transit 510 lotes receivable with interest collected by bank 580 ank service charges 70 Dutstanding cheques 1,800 ISF cheque 150 The adjusted cash balance per books on September 30 is D1) $5,700.00 D 2) $5,660.00 D 3) $6,210.00 4) $5 81000

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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Bank reconciliation: Current book balance: $19,250 Balance per bank statement: $15,000 Outstanding checks: $2,000 Bank fees: $250 Deposits in transit: $6,000 What is the reconciled cash amount?
Adjusted cash balance?
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