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#5 Wilson Company gathered the following reconciling information in preparing its August bank reconciliation Cash balance per books, 8/31 $4,000 Deposits in transit 280 100
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Wilson Company gathered the following reconciling information in preparing its August bank reconciliation Cash balance per books, 8/31 $4,000 Deposits in transit 280 100 Book error (a $500 check for a utility bill recorded mistakenly as $600) Bank charge for check printing Outstanding checks 25 820 Interest income 31 The adjusted cash balance per books on August 31 is O a $3,894 O b. $3,460 O c $4,106 O d. $3,906 Step by Step Solution
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