The bank reconciliation for Widgets Inc. included the following items: $30 bank service charge; NSF check of $275; bank error of $30; EFT collection from a customer for $2,335. Based on the information, Widgets Inc. will adjust cash by what amount? O $1,480 O $2,030 O $2,000 O $2,060 A
The bank reconciliation for Widgets Inc. included the following items: $30 bank service charge; NSF check of $275; bank error of $30; EFT collection from a customer for $2,335. Based on the information, Widgets Inc. will adjust cash by what amount? O $1,480 O $2,030 O $2,000 O $2,060 A
Survey of Accounting (Accounting I)
8th Edition
ISBN:9781305961883
Author:Carl Warren
Publisher:Carl Warren
Chapter5: Internal Control And Cash
Section: Chapter Questions
Problem 5.21E
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![The bank reconciliation for Widgets Inc. included the following items: $30 bank service charge; NSF check of $275; bank error of $30;
EFT collection from a customer for $2,335. Based on the information, Widgets Inc. will adjust cash by what amount?
O $1,480
O $2,030
O $2,000
O $2,060](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F8ebee747-9a94-438b-80c8-0b3b296e8c92%2Fb1d82ae4-4410-498c-a5e7-5e08c0853d06%2Fvx4n4is_processed.jpeg&w=3840&q=75)
Transcribed Image Text:The bank reconciliation for Widgets Inc. included the following items: $30 bank service charge; NSF check of $275; bank error of $30;
EFT collection from a customer for $2,335. Based on the information, Widgets Inc. will adjust cash by what amount?
O $1,480
O $2,030
O $2,000
O $2,060
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