Using Excel to Determine the Adjusted Cash Balance PROBLEM For the month of August, Pratt Company has the following information concerning its checking account at its bank. $ 9,500 $ 800 Cash balance per books, August 31 Outstanding checks Data from the bank statement Charge for printing Pratt Company checks Interest earned on checking account balance 35 40
Using Excel to Determine the Adjusted Cash Balance PROBLEM For the month of August, Pratt Company has the following information concerning its checking account at its bank. $ 9,500 $ 800 Cash balance per books, August 31 Outstanding checks Data from the bank statement Charge for printing Pratt Company checks Interest earned on checking account balance 35 40
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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See the picture below. I know my answer is right but the mathematical formula is wrong. THIS PROBLEM REQUIRES THE CORRECT MATHEMATICAL FORMULA AND CELL REFERENCING. DON'T FORGET TO INCLUDE THOSE TWO ITEMS IN THE ANSWER!!!!!
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