Paws Construction Company gathered the following reconciling information in preparing its April bank reconciliation: Cash balance per books, 4/30 $17,600 Deposits in transit 2,400 Notes receivable and interest collected by bank 5,920 Bank charge for check printing 200 Outstanding checks 12,000 NSF check 1,120 The adjusted cash balance per books on April 30 is a. $24,600 b. $23,520 c. $22,200 d. $24,440
Paws Construction Company gathered the following reconciling information in preparing its April bank reconciliation: Cash balance per books, 4/30 $17,600 Deposits in transit 2,400 Notes receivable and interest collected by bank 5,920 Bank charge for check printing 200 Outstanding checks 12,000 NSF check 1,120 The adjusted cash balance per books on April 30 is a. $24,600 b. $23,520 c. $22,200 d. $24,440
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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4 Paws Construction Company gathered the following reconciling information
in preparing its April bank reconciliation:
Cash balance per books, 4/30 $17,600
Deposits in transit 2,400
Notes receivable and interest collected by bank 5,920
Bank charge for check printing 200
Outstanding checks 12,000
NSF check 1,120
The adjusted cash balance per books on April 30 is
a. $24,600
b. $23,520
c. $22,200
d. $24,440
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