In the process of reconciling its bank statement for April, Donahue Enterprises' accountant compiles the following information:Cash balance per company books on April 30Deposits in transit at month-end$6,260$1,330Outstanding checks at month-endBank charge$ 650$ 60Note collected by bank on Donahue's behalf$740A check paid to Donahue during the month by a customer is returned by the bank as NSF $510The adjusted cash balance per the books on April 30 is:Multiple Choice$6,940$4,450$5,810$8,130 justed cash balance per the books on April 30 Is:Multiple Choice$6,940○ $4,450$5,810О$8,130О$6,430

Unadjusted cash balance per book$6,260Note collected by bank 740Bank service charge(…

Answered: In the process of reconciling its bank…

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter11: The Statement Of Cash Flows

Section: Chapter Questions

Problem 23CE: Cash Receipts from Customers Singleton Inc. had accounts receivable of $22,150 at January 1, 2019,...

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COMPLETE THE JOURNALIZING
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