Question
ABC gathered the following reconciling information in preparing its April bank reconciliation: Cash balance per books, March 31: $16,000; Deposits in transit: $4,900; E-transfer from
ABC gathered the following reconciling information in preparing its April bank reconciliation:
Cash balance per books, March 31: $16,000;
Deposits in transit: $4,900;
E-transfer from a customer: $5,000;
Bank service charge: $30;
Outstanding cheques: $3,400;
NSF cheque received from a customer: $950.
The adjusted cash balance per book at April 30 is: (Explain the steps please)
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Financial Accounting An Introduction To Concepts Methods And Uses
Authors: Clyde P. Stickney, Roman L. Weil
8th Edition
0030182689, 978-0030182686
