On March 31,2020, XXX Company receive its bank statement. However, closing balance of the account was unreadable. Attempts to contact the bank after hours did not secure the desired information. The following data are available in preparing a bank reconciliation: the February 28,book balance Note collected by bank 1,460,000 100,000 Interest earned on note 10,000 130,000 2,000 3,000 NSF check of customer Bank service charge on NSF check Other bank services Outstanding checks Deposit of February 28 placed in night depository Check issued by YYY Company charged to XXX's Account 222,000 95,000 20,000 10. What is the cash balance per bank statement?

On March 31,2020, XXX Company receive its bank statement. However, closing balance of the account was unreadable. Attempts to contact the bank after hours did not secure the desired information. The following data are available in preparing a bank reconciliation: the February 28,book balance Note collected by bank 1,460,000 100,000 Interest earned on note 10,000 130,000 2,000 3,000 NSF check of customer Bank service charge on NSF check Other bank services Outstanding checks Deposit of February 28 placed in night depository Check issued by YYY Company charged to XXX's Account 222,000 95,000 20,000 10. What is the cash balance per bank statement?

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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