Rodgers Company gathered the following reconciling information in preparing its May bank reconciliation: Cash balance per company's records, May 31 Deposits in transit Note receivable and interest collected by bank Bank charge for check printing Outstanding checks NSF check $4,461 213 855 38 1,599 164 Determine the adjusted balance that would appear in the company section of the bank reconciliation on May 31. Oa. $3,075 Ob. $5,114 Oc. $1,068 Od. $3,766

Rodgers Company gathered the following reconciling information in preparing its May bank reconciliation: Cash balance per company's records, May 31 Deposits in transit Note receivable and interest collected by bank Bank charge for check printing Outstanding checks NSF check $4,461 213 855 38 1,599 164 Determine the adjusted balance that would appear in the company section of the bank reconciliation on May 31. Oa. $3,075 Ob. $5,114 Oc. $1,068 Od. $3,766

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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