Gunnar Company gathered the following reconciling information in preparing its September bank reconciliation: Cash balance per books, 9/30 $2,257 Deposits in transit 541 Notes receivable and interest collected by bank 714 Bank charge for check printing 24 Outstanding checks 1,449 NSF check 156 Calculate the adjusted cash balance per books on September 30. Oa. $1,883. b. $1,349. Oc. $2,791. d. $2,039.

Gunnar Company gathered the following reconciling information in preparing its September bank reconciliation: Cash balance per books, 9/30 $2,257 Deposits in transit 541 Notes receivable and interest collected by bank 714 Bank charge for check printing 24 Outstanding checks 1,449 NSF check 156 Calculate the adjusted cash balance per books on September 30. Oa. $1,883. b. $1,349. Oc. $2,791. d. $2,039.

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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