Humaid Company had the following information related to January 2020: Cash balance per books, 31/1 RO 9,500 Deposits in transit 120 interest collected by bank 800 Bank service charges 60 Outstanding checks 2,900 NSF check 230 The adjusted cash balance per books on January 31 should be: Select one: a. c. RO 7,310. b. d. RO 6,990. c. b. RO 9,020. d. a. RO 10,920. e. None of the answers are correct
Humaid Company had the following information related to January 2020: Cash balance per books, 31/1 RO 9,500 Deposits in transit 120 interest collected by bank 800 Bank service charges 60 Outstanding checks 2,900 NSF check 230 The adjusted cash balance per books on January 31 should be: Select one: a. c. RO 7,310. b. d. RO 6,990. c. b. RO 9,020. d. a. RO 10,920. e. None of the answers are correct
Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter6: Cash And Receivables
Section: Chapter Questions
Problem 11MC
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