Crane, Inc Balance per bank statement, 3/31/20 Add: Deposit in transit Less: Outstanding checks Balance per books, 3/31/20 Data per bank for the month of April 2020 follow: Deposits Disbursements $36600 6200 42800 O $27200 O $30200 O $25900 8500 $34300 $46000 48500 All reconciling items at March 31, 2020 cleared the bank in April. Outstanding checks at April 30, 2020 totaled $5900. There were no deposits in transit at April 30, 2020. What is the cash balance per books at April 30, 2020?

Crane, Inc Balance per bank statement, 3/31/20 Add: Deposit in transit Less: Outstanding checks Balance per books, 3/31/20 Data per bank for the month of April 2020 follow: Deposits Disbursements $36600 6200 42800 O $27200 O $30200 O $25900 8500 $34300 $46000 48500 All reconciling items at March 31, 2020 cleared the bank in April. Outstanding checks at April 30, 2020 totaled $5900. There were no deposits in transit at April 30, 2020. What is the cash balance per books at April 30, 2020?

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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