The following information is needed to reconcile the cash balance for Gourmet Catering Services." A deposit of $5,800 is in transit. Outstanding checks total $1,100.* The book balance is $6,000 at February 28, 2019.* The bookkeeper recorded a $1,700 check as $17,300 in payment of the current month's rent.* The bank balance at February 28, 2019 was $17,230.* A deposit of $400 was credited by the bank for $ 4,000. * A customer's check for $3,200 was returned for nonsufficient funds." The bank service charge is $ 70. What was the adjusted book balance?A. $18, 400B. $18,330C. $18, 470D. $17,3008

The following information is needed to reconcile the cash balance for Gourmet Catering Services." A deposit of $5,800 is in transit. Outstanding checks total $1,100.* The book balance is $6,000 at February 28, 2019.* The bookkeeper recorded a $1,700 check as $17,300 in payment of the current month's rent.* The bank balance at February 28, 2019 was $17,230.* A deposit of $400 was credited by the bank for $ 4,000. * A customer's check for $3,200 was returned for nonsufficient funds." The bank service charge is $ 70. What was the adjusted book balance?A. $18, 400B. $18,330C. $18, 470D. $17,3008

Name: None The following information is needed to reconcile the cash balance
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Description: None The following information is needed to reconcile the cash balance for Gourmet Catering Services." A depositof $5,800 is in transit. Outstanding checks total $1,100.* The book balance is $6,000 at February28, 2019.* The bookkeeper recorded a $1,7

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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