=+PR 8-3B Bank reconciliation and entries obj. 5 1. Adjusted balance: $8,613 The cash account for
Question:
=+PR 8-3B Bank reconciliation and entries obj. 5
✔ 1. Adjusted balance: $8,613 The cash account for Inky’s Bike Co. at July 1, 2010, indicated a balance of $12,470.
During July, the total cash deposited was $26,680, and checks written totaled $31,500.
The bank statement indicated a balance of $16,750 on July 31. Comparing the bank statement, the canceled checks, and the accompanying memos with the records revealed the following reconciling items:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Question Posted: