Thompson Corporation gathered the following reconciling information in preparing its October bank reconciliation: Cash balance per bank, 10/31 $16,925 Note receivable collected by bank 3,635 Outstanding checks 10,301 Deposits in transit 5,896 Bank service charge 68 NSF check 1,721

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Thompson Corporation gathered the following reconciling information in preparing its October bank reconciliation:
Cash balance per bank, 10/31
$16,925
Note receivable collected by bank
3,635
Outstanding checks
10,301
Deposits in transit
5,896
Bank service charge
68
NSF check
1,721
Using the above information, determine the cash balance per books (before adjustments) for Thompson Corporation.
Oa. $12,520
Ob. $10,674
Oc. $14,366
Od. $18,771
Transcribed Image Text:Thompson Corporation gathered the following reconciling information in preparing its October bank reconciliation: Cash balance per bank, 10/31 $16,925 Note receivable collected by bank 3,635 Outstanding checks 10,301 Deposits in transit 5,896 Bank service charge 68 NSF check 1,721 Using the above information, determine the cash balance per books (before adjustments) for Thompson Corporation. Oa. $12,520 Ob. $10,674 Oc. $14,366 Od. $18,771
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