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Before reconciling its bank statement, Rollin Corporation's general ledger had a month-end balance in the cash account of $7,000. The bank reconciliation for the month
Before reconciling its bank statement, Rollin Corporation's general ledger had a month-end balance in the cash account of $7,000. The bank reconciliation for the month contained the following items: Deposits in transit $ 820 Outstanding cheques 570 Interest earned 20 NSF cheque returned to bank 170 Bank service charge 45 Given the above information, what up-to-date ending cash balance should Rollin report at month-end? Group of answer choices $6,180. $7,305. $6,805. $6,500.
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