Rodgers Company gathered the following reconciling information in preparing its May bank reconciliation. Calculate the adjusted cash balance per books on May 31. Cash balance per books, 5/31 $3,531 Deposits in transit 139 Notes receivable and interest collected by bank 811 Bank charge for check printing 42 Outstanding checks 1,260 NSF check 198 Oa. $3,023 Оь. 54,102 Oc. $2,410 Od. $950

Rodgers Company gathered the following reconciling information in preparing its May bank reconciliation. Calculate the adjusted cash balance per books on May 31. Cash balance per books, 5/31 $3,531 Deposits in transit 139 Notes receivable and interest collected by bank 811 Bank charge for check printing 42 Outstanding checks 1,260 NSF check 198 Oa. $3,023 Оь. 54,102 Oc. $2,410 Od. $950

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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Dobson Corporation gathered the following reconciling information in preparing its September bank reconciliation: Cash balance per books, September 30 $11,000 Note receivable collected by bank 6,000 Outstanding cheques 9,000 Deposits in transit 4,500 Bank service charge 75 NSF cheque 1,200 The adjusted cash balance per bank at September 30 is Question 6 options: $15,500. $6,500. $9,725. $1,775.
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Rodgers Company gathered the following reconciling information in preparing its May bank reconciliation. Calculate the adjusted cash balance per books on May 31. Cash balance per books, 5/31 $5,400 Deposits in transit 375 Notes receivable and interest collected by bank 650 Bank charge for check printing 40 Outstanding checks 2,400 NSF check 140
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Conway Company reported the following information: Cash balance on balance sheet (12/31) $22,066 Pre-reconciliation cash account balance (12/31) 23,916 Bank statement (12/31) 23,220 Bank service charges 350 Bank debit memos (utility payments) 1,500 Deposits in transit (12/31) 9,160 Required: Question Content Area 1. Calculate the amount of outstanding checks as of December 31.
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