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Question-Given the following information, what amount would be recorded for cash on the balance sheet? Balance per bank $ 98,500 Balance per books $103,150 Auto pay on a loan $9,400 Bank fees $350 NSF check $1,200 Outstanding checks $14,200 Outstanding deposits $8,100 Recorded a deposit for $1,000 that was really $1,200 (bank recorded it correctly)

Question-Given the following information, what amount would be recorded for cash on the balance sheet? Balance per bank $ 98,500 Balance per books $103,150 Auto pay on a loan $9,400 Bank fees $350 NSF check $1,200 Outstanding checks $14,200 Outstanding deposits $8,100 Recorded a deposit for $1,000 that was really $1,200 (bank recorded it correctly)

FINANCIAL ACCOUNTING
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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Question-Given the following information, what amount would be recorded for cash on the balance sheet? Balance per bank $ 98,500 Balance per books $103,150 Auto pay on a loan $9,400 Bank fees $350 NSF check $1,200 Outstanding checks $14,200 Outstanding deposits $8,100 Recorded a deposit for $1,000 that was really $1,200 (bank recorded it correctly)
Transcribed Image Text:Question-Given the following information, what amount would be recorded for cash on the balance sheet? Balance per bank $ 98,500 Balance per books $103,150 Auto pay on a loan $9,400 Bank fees $350 NSF check $1,200 Outstanding checks $14,200 Outstanding deposits $8,100 Recorded a deposit for $1,000 that was really $1,200 (bank recorded it correctly)
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