preparing its August 31 bank reconciliation, Apex Corp. has available the following balance per bank and reconciling items Balance per bank Deposit in transit Erroneous charge (deduction) made by bank Outstanding checks Collection from customer by bank The 8/31 unadjusted cash balance per books is: Select one: a. $19,250 b. $18,550 c. $18,050 d. $19,050 e. $17,850 $ 18,050 3,250 100 2,750 600

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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In preparing its August 31 bank reconciliation, Apex Corp. has available the following balance per bank and reconciling items:
Balance per bank
Deposit in transit
Erroneous charge (deduction) made by bank
Outstanding checks
Collection from customer by bank
The 8/31 unadjusted cash balance per books is:
Select one:
a. $19,250
b. $18,550
c. $18,050
d. $19,050
e. $17,850
$ 18,050
3,250
100
2,750
600
Transcribed Image Text:In preparing its August 31 bank reconciliation, Apex Corp. has available the following balance per bank and reconciling items: Balance per bank Deposit in transit Erroneous charge (deduction) made by bank Outstanding checks Collection from customer by bank The 8/31 unadjusted cash balance per books is: Select one: a. $19,250 b. $18,550 c. $18,050 d. $19,050 e. $17,850 $ 18,050 3,250 100 2,750 600
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