Question
The ending bank statement balance at November 30 is $6,750. The bank statement shows a service charge of $65, electronic funds receipts of $500, and
The ending bank statement balance at November 30 is $6,750. The bank statement shows a service charge of $65, electronic funds receipts of $500, and a NSF check for $350. Deposits in transit total $2,050 and outstanding checks are $1,335. The balance per books at November 30 is $7,380. What is the adjusted bank balance at November 30?
Step by Step Solution
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Step: 1
Balance as per books as on 30th November ...
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Step: 2
Step: 3
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Financial accounting
Authors: Walter T. Harrison Jr., Charles T. Horngren, C. William Thom
9th edition
978-0132751216, 132751127, 132751216, 978-0132751124
