Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

56. The checkbook balance of Roger Co. is $681.54. The bank statement reveals a balance of $2,111.28. The bank statement showed interest earned of $61,

image text in transcribed
56. The checkbook balance of Roger Co. is $681.54. The bank statement reveals a balance of $2,111.28. The bank statement showed interest earned of $61, and a service charge of $59.64. There is a deposit in transit of $2,279.11. Outstanding checks totaled $881.45. The bookkeeper in further analyzing the bank statement noticed a collection of a note by bank for $3,140. Roger Co. forgot to deduct a check for $313.96 during the month. The reconciled balance is: , $3,386.95 , $3,950.82 c. $3,805.49 , $3,508.94 . None of the above

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Quality Control Procedure For Statutory Financial Audit An Empirical Study

Authors: Siddhartha Sankar Saha, Mitrendu Narayan Roy

1st Edition

1787142272, 9781787142275

More Books

Students also viewed these Accounting questions

Question

What are their resources?

Answered: 1 week ago

Question

What impediments deal with customers?

Answered: 1 week ago