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, May 31 $3,259 Deposits in transit 212 Notes receivable and interest collected by bank 919 Bank charge for check printing 38 Outstanding checks 1,913 NSF check 157 Oa. $2,320 Ob. $3,983 Oc. $1,131 Od. $1,558

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, May 31 $3,259 Deposits in transit 212 Notes receivable and interest collected by bank 919 Bank charge for check printing 38 Outstanding checks 1,913 NSF check 157 Oa. $2,320 Ob. $3,983 Oc. $1,131 Od. $1,558

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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Prepare a bank reconcilation going from balance per bank and balance per book to correct cash balance. Outstanding checks from the June reconcilation cleared the bank in July.