In the process of reconciling its bank statement for June, Donut's accountant compiles the following information: Cash balance per company books on June 30 Deposits in transit at month- end Outstanding checks at month-end Bank charge for printing new checks Note receivable and interest collected by bank on Donut's behalf The bank made an error NSF check $16,875 6,500 4,440 103 2,140 650 282 The adjusted cash balance per the books on June 30 is:
In the process of reconciling its bank statement for June, Donut's accountant compiles the following information: Cash balance per company books on June 30 Deposits in transit at month- end Outstanding checks at month-end Bank charge for printing new checks Note receivable and interest collected by bank on Donut's behalf The bank made an error NSF check $16,875 6,500 4,440 103 2,140 650 282 The adjusted cash balance per the books on June 30 is:
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:In the process of reconciling its bank statement for June, Donut's accountant
compiles the following information:
Cash balance per company
books on June 30
Deposits in transit at month-
end
Outstanding checks at
month-end
Bank charge for printing new
checks
Note receivable and interest
collected by bank on Donut's
behalf
The bank made an error
NSF check
$16,875
6,500
4,440
103
2,140
650
282
The adjusted cash balance per the books on June 30 is:
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