Fred's Supply's month end bank statement shows a balance of $32,000. Outstanding checks were $10,000, and the $5,000 deposit on the last day of the month is not yet shown on the bank statement since it was made after 4 p.m. Bank service fees of $35 and a returned check (NSF) of $49 were shown on the statement are not yet recorded on the books. What is the correct (reconciled) month-end cash amount? Respond in a whole number, no commas and no dollar signs.
Fred's Supply's month end bank statement shows a balance of $32,000. Outstanding checks were $10,000, and the $5,000 deposit on the last day of the month is not yet shown on the bank statement since it was made after 4 p.m. Bank service fees of $35 and a returned check (NSF) of $49 were shown on the statement are not yet recorded on the books. What is the correct (reconciled) month-end cash amount? Respond in a whole number, no commas and no dollar signs.
College Accounting (Book Only): A Career Approach
13th Edition
ISBN:9781337280570
Author:Scott, Cathy J.
Publisher:Scott, Cathy J.
Chapter6: Bank Accounts, Cash Funds, And Internal Controls
Section: Chapter Questions
Problem 5E
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![Fred's Supply's month end bank statement shows a balance of $32,000. Outstanding checks were
$10,000, and the $5,000 deposit on the last day of the month is not yet shown on the bank
statement since it was made after 4 p.m. Bank service fees of $35 and a returned check (NSF) of
$49 were shown on the statement are not yet recorded on the books.
What is the correct (reconciled) month-end cash amount?
Respond in a whole number, no commas and no dollar signs.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F7ab2fcdd-e673-450e-8879-48d7de8ef6bd%2Fd1b49892-58ac-498f-90fe-7fe4e660ed9d%2Fneouvxn_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Fred's Supply's month end bank statement shows a balance of $32,000. Outstanding checks were
$10,000, and the $5,000 deposit on the last day of the month is not yet shown on the bank
statement since it was made after 4 p.m. Bank service fees of $35 and a returned check (NSF) of
$49 were shown on the statement are not yet recorded on the books.
What is the correct (reconciled) month-end cash amount?
Respond in a whole number, no commas and no dollar signs.
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