On September 30, 20Y5, Dart Co.'s bank statement showed a balance of $8,510. When preparing the bank reconciliation it was determined that a deposit of $1,900 had been mailed to the bank by Dart Co. on September 29 and was not included in the September 30 bank statement. It was further determined that $1,125 of outstanding checks had not been included in the September 30 bank statement. Assuming that the bank had not made an error, what would be the Adjusted Balance for this bank reconciliation for the bank statement section?

On September 30, 20Y5, Dart Co.'s bank statement showed a balance of $8,510. When preparing the bank reconciliation it was determined that a deposit of $1,900 had been mailed to the bank by Dart Co. on September 29 and was not included in the September 30 bank statement. It was further determined that $1,125 of outstanding checks had not been included in the September 30 bank statement. Assuming that the bank had not made an error, what would be the Adjusted Balance for this bank reconciliation for the bank statement section?

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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