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
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
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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