Egrane, Incorporated's monthlly bank statement showed the ending balance of cash of $19,500. The bank reconciliation for the period showed an adjustment for a deposit in transit of $2,00, outstanding checks of $3,000, an NSF check of $1,700, bank service charges of $80 and the EFT from a customer in payment of the customer's account of $2,500. What is the up-to-date ending Cash balance? Multiple Choice $18,500 $17,780 $20,500 $22,620

Egrane, Incorporated's monthlly bank statement showed the ending balance of cash of $19,500. The bank reconciliation for the period showed an adjustment for a deposit in transit of $2,00, outstanding checks of $3,000, an NSF check of $1,700, bank service charges of $80 and the EFT from a customer in payment of the customer's account of $2,500. What is the up-to-date ending Cash balance? Multiple Choice $18,500 $17,780 $20,500 $22,620

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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