Choose the correct option. If you prepare a bank reconciliation based on the following information, what would be the correct general ledger chequeing account book balance? Bank Statement Balance at end of month: $1,500.00 Outstanding Cheques: $150.00, $50.00, $25.00, $20.00 Deposits in transit: $75.00 OPTIONS $1,670.00 $1,180.00 $1,330.00 $1,255.00

Choose the correct option. If you prepare a bank reconciliation based on the following information, what would be the correct general ledger chequeing account book balance? Bank Statement Balance at end of month: $1,500.00 Outstanding Cheques: $150.00, $50.00, $25.00, $20.00 Deposits in transit: $75.00 OPTIONS $1,670.00 $1,180.00 $1,330.00 $1,255.00

Financial Accounting

15th Edition

ISBN:9781337272124

Author:Carl Warren, James M. Reeve, Jonathan Duchac

Publisher:Carl Warren, James M. Reeve, Jonathan Duchac

Chapter8: Internal Control And Cash

Section: Chapter Questions

Problem 21E

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