The bank statement balance of $9,500 does not include an outstanding check of $1,200, a deposit in transit of $430, and another company's $300 check erroneously charged against Evergreen Ltd.'s account. What is the reconciled bank balance?

The bank statement balance of $9,500 does not include an outstanding check of $1,200, a deposit in transit of $430, and another company's $300 check erroneously charged against Evergreen Ltd.'s account. What is the reconciled bank balance?

College Accounting (Book Only): A Career Approach

13th Edition

ISBN:9781337280570

Author:Scott, Cathy J.

Publisher:Scott, Cathy J.

Chapter6: Bank Accounts, Cash Funds, And Internal Controls

Section: Chapter Questions

Problem 3QY: Which of the following does not explain the differences between the bank statement balance and the...

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Question

What is the reconciled bank balance of this financial accounting question?

The bank statement balance of $9,500 does not include an
outstanding check of $1,200, a deposit in transit of
$430, and another company's $300 check erroneously
charged against Evergreen Ltd.'s account. What is the
reconciled bank balance?

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