Rodgers Company gathered the following reconciling information in preparing its May bank reconciliation. Determine the adjusted balance on May 31. Cash balance per company records, May 31 Deposits in transit Notes receivable and interest collected by bank Bank charge for check printing Outstanding checks NSF check a. $6.245 b. $5.870 c. $4.930 d. $3.845 $5,400 375 650 40 2,400 140

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Rodgers Company gathered the following reconciling information in preparing its May bank
reconciliation. Determine the adjusted balance on May 31.
Cash balance per company records, May 31
Deposits in transit
Notes receivable and interest collected by bank
Bank charge for check printing
Outstanding checks
NSF check
a. $6,245
b. $5.870
C. $4.930
0 $3,845
$5,400
375
650
40
2,400
140
Transcribed Image Text:Rodgers Company gathered the following reconciling information in preparing its May bank reconciliation. Determine the adjusted balance on May 31. Cash balance per company records, May 31 Deposits in transit Notes receivable and interest collected by bank Bank charge for check printing Outstanding checks NSF check a. $6,245 b. $5.870 C. $4.930 0 $3,845 $5,400 375 650 40 2,400 140
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