Jamison Company gathered the following reconciling information in preparing its June bank reconciliation: Cash balance per bank, June 30 $13,000 Note receivable collected by bank 4,000 7,000 2,500 35 Outstanding checks Deposits in transit Bank service charge. NSF check 1,900 Determine the cash balance per the company's records (before adjustments). Oa. $10.565 O b. $15,065 Oc. $6.435 O d. $8,065

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Rakesh 

Jamison Company gathered the following reconciling information in preparing its June bank reconciliation:
Cash balance per bank, June 30
$13,000
Note receivable collected by bank
4,000
7,000
2,500
35
Outstanding checks
Deposits in transit
Bank service charge
NSF check
1,900
Determine the cash balance per the company's records (before adjustments).
O a. $10.565
Ob. $15,065
Oc. $6,435
Od. $8,065
Transcribed Image Text:Jamison Company gathered the following reconciling information in preparing its June bank reconciliation: Cash balance per bank, June 30 $13,000 Note receivable collected by bank 4,000 7,000 2,500 35 Outstanding checks Deposits in transit Bank service charge NSF check 1,900 Determine the cash balance per the company's records (before adjustments). O a. $10.565 Ob. $15,065 Oc. $6,435 Od. $8,065
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