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Bonita Industries had the following bank reconciliation at March 31, 2017: Balance per bank statement, 3/31/17$ 74600 Add: Deposit in transit 2040095000 Less: Outstanding checks
Bonita Industrieshad the following bank reconciliation at March 31, 2017:
Balance per bank statement, 3/31/17$74600Add: Deposit in transit2040095000Less: Outstanding checks25300Balance per books, 3/31/17$69700Data per bank for the month of April 2017 follow:Deposits$87600Disbursements99300
All reconciling items at March 31, 2017 cleared the bank in April. Outstanding checks at April 30, 2017 totaled $12500. There were no deposits in transit at April 30, 2017. What is the cash balance per books at April 30, 2017?
$50400
$62900
$70800
$57800
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