Question
A company has the following information: $850 Cash balance per bank, Dec. 31, $10,500 Deposits in transit, $915 Notes receivable and interest collected by
A company has the following information: $850 Cash balance per bank, Dec. 31, $10,500 Deposits in transit, $915 Notes receivable and interest collected by bank, Bank charge for check printing, $50 Outstanding checks, $550 NSF check, $125 What is the company's adjusted cash balance on Dec. 31? O $11,715. O $10,135. O $11,965. O $10,740. O $10,865.
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Managerial Accounting
Authors: Ray Garrison, Eric Noreen, Peter Brewer
16th edition
978-1259307416
