Mazaya Company developed the following reconciling information in preparing its June bank reconciliation: Cash balance per bank, 6/30 R.O. 8,000; Note receivable collected by bank 3,200; Outstanding checks 4,800; Deposits in transit 2,400; Bank service charge 4O; NSF check 640. Determine the cash balance per books (before adjustments) for Mazaya Company. Select one: a. R.O. 6,280. b. R.O. 8,000. cR.O. 10,400. d. R.O. 3,080.

Mazaya Company developed the following reconciling information in preparing its June bank reconciliation: Cash balance per bank, 6/30 R.O. 8,000; Note receivable collected by bank 3,200; Outstanding checks 4,800; Deposits in transit 2,400; Bank service charge 4O; NSF check 640. Determine the cash balance per books (before adjustments) for Mazaya Company. Select one: a. R.O. 6,280. b. R.O. 8,000. cR.O. 10,400. d. R.O. 3,080.

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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