The following information is related to the bank reconciliation of the Acme Company: Balance per bank statement $1,951.20 Balance per ledger 1,869.60 Deposits in transit 271.20 Outstanding checks 427.80 NSF check 61.20 Service charges 13.80 The adjusted/correct cash balance is - $1,794.60 - $1,719.60 - $1,638.00 - $1,713.00 - $1,876.20
The following information is related to the bank reconciliation of the Acme Company: Balance per bank statement $1,951.20 Balance per ledger 1,869.60 Deposits in transit 271.20 Outstanding checks 427.80 NSF check 61.20 Service charges 13.80 The adjusted/correct cash balance is - $1,794.60 - $1,719.60 - $1,638.00 - $1,713.00 - $1,876.20
Chapter1: Financial Statements And Business Decisions
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