Thompson Corporation gathered the following reconciling information in preparing its October bank reconciliation: Cash balance per bank, 10/31 $15,588 Note receivable collected by bank 4,097 Outstanding checks 9,474 Deposits in transit 5,420 Bank service charge 87 NSF check 1,776 Using the above information, determine the cash balance per books (before adjustments) for Thompson Corporation. a.$11,534 b.$13,768 c.$9,300 d.$17,822

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Bank Reconciliation Statement

As a commerce student, we all know that every business has to maintain a cash book to maintain all his cash and bank transactions. A cash book is a book which has two columns, one cash column and one bank column.