Question
At March 31, Cummins Co. had an unadjusted balance in its cash account of $11,200. At the end of March, the company determined that it
At March 31, Cummins Co. had an unadjusted balance in its cash account of $11,200. At the end of March, the company determined that it had outstanding checks of $1,275, deposits in transit of $770, a bank service charge of $50, and an NSF check from a customer for $235. What is the true cash balance at March 31?
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Accounting and Auditing Research Tools and Strategies
Authors: Thomas Weirich, Thomas Pearson, Natalie Tatiana
9th edition
1119441915, 1119441919, 978-1-119-3737, 9781119373629 , 978-1119441915
