Thompson Company gathered the following reconciling information in preparing its October bank reconciliation. Cash balance per bank, October 31 $14,391 Note receivable collected by bank 4,306 Outstanding checks 7,664 Deposits in transit 5,297 Bank service charge 146 NSF check 2,231 Determine the cash balance per company records (before adjustment) on October 31. Oa. $12,024 Ob. $13,953 Oc. $10,095 Od. $27,352

Thompson Company gathered the following reconciling information in preparing its October bank reconciliation. Cash balance per bank, October 31 $14,391 Note receivable collected by bank 4,306 Outstanding checks 7,664 Deposits in transit 5,297 Bank service charge 146 NSF check 2,231 Determine the cash balance per company records (before adjustment) on October 31. Oa. $12,024 Ob. $13,953 Oc. $10,095 Od. $27,352

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter8: Fraud, Internal Controls, And Cash

Section: Chapter Questions

Problem 9EB: Using the following information, prepare a bank reconciliation. Bank balance: $7,651 Book balance:...

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