Gunnar Company gathered the following reconciling information in preparing its September bank reconciliation. Cash balance per company records, September 30 $2,607 Deposits in transit 474 816 21 Notes receivable and interest collected by bank Bank charge for check printing Outstanding checks NSF check Determine the adjusted balance on September 30. a. $2,156 b. $1,501 Oc. $3,262 Od. $2,296 1,580 140
Gunnar Company gathered the following reconciling information in preparing its September bank reconciliation. Cash balance per company records, September 30 $2,607 Deposits in transit 474 816 21 Notes receivable and interest collected by bank Bank charge for check printing Outstanding checks NSF check Determine the adjusted balance on September 30. a. $2,156 b. $1,501 Oc. $3,262 Od. $2,296 1,580 140
Chapter8: Fraud, Internal Controls, And Cash
Section: Chapter Questions
Problem 9EA: Using the following information, prepare a bank reconciliation. Bank balance: $4,587 Book balance:...
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![Gunnar Company gathered the following reconciling information in preparing its September bank reconciliation.
Cash balance per company records, September 30
$2,607
Deposits in transit
474
816
21
Notes receivable and interest collected by bank
Bank charge for check printing
Outstanding checks
NSF check
Determine the adjusted balance on September 30.
a. $2,156
b. $1,501
Oc. $3,262
Od. $2,296
1,580
140](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F4786cd01-fd3f-40c2-920a-516c0cec469d%2F853c02f9-37dd-4c14-b956-7522133ff458%2Fuma0kk_processed.png&w=3840&q=75)
Transcribed Image Text:Gunnar Company gathered the following reconciling information in preparing its September bank reconciliation.
Cash balance per company records, September 30
$2,607
Deposits in transit
474
816
21
Notes receivable and interest collected by bank
Bank charge for check printing
Outstanding checks
NSF check
Determine the adjusted balance on September 30.
a. $2,156
b. $1,501
Oc. $3,262
Od. $2,296
1,580
140
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