in preparing its bank reconciliation for the month of April 2021, Oriole, Inc. has available the following information. Balance per bank statement, 4/30/21 NSF check returned with 4/30/21 bank statement Deposits in transit, 4/30/21 Outstanding checks, 4/30/21 Bank service charges for April $79300 970 9300 O $78250 O $77430. O $78720. $78400. 10200 80 What should be the adjusted cash balance at April 30, 2021?

in preparing its bank reconciliation for the month of April 2021, Oriole, Inc. has available the following information. Balance per bank statement, 4/30/21 NSF check returned with 4/30/21 bank statement Deposits in transit, 4/30/21 Outstanding checks, 4/30/21 Bank service charges for April $79300 970 9300 O $78250 O $77430. O $78720. $78400. 10200 80 What should be the adjusted cash balance at April 30, 2021?

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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Concept explainers

Bank Reconciliation Statement

As a commerce student, we all know that every business has to maintain a cash book to maintain all his cash and bank transactions. A cash book is a book which has two columns, one cash column and one bank column.

Question

In preparing its bank reconciliation for the month of April 2021, Oriole, Inc. has available the following information.
Balance per bank statement, 4/30/21
NSF check returned with 4/30/21 bank statement
Deposits in transit, 4/30/21
Outstanding checks, 4/30/21
Bank service charges for April
$79300
970
O $78250.
O $77430.
$78720.
$78400.
9300
10200
80
What should be the adjusted cash balance at April 30, 2021?

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