The Conner Company's August 31 pre-reconcilation cash belance on Its books was $99,500. As of August 31, outstanding checks total $47,800 and deposits In transit total $31,900. Assuming there are no other reconciling tems, what was the August 31 cash balance on Conner's bank statement? Multiple Choice $83,600. $15,900. $99,500.

The Conner Company's August 31 pre-reconcilation cash belance on Its books was $99,500. As of August 31, outstanding checks total $47,800 and deposits In transit total $31,900. Assuming there are no other reconciling tems, what was the August 31 cash balance on Conner's bank statement? Multiple Choice $83,600. $15,900. $99,500.

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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