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breaks or minutes per problem. Question 25 The following information was available to the accountant of Scarlet Co. when preparing the monthly bank reconciliation:
breaks or minutes per problem. Question 25 The following information was available to the accountant of Scarlet Co. when preparing the monthly bank reconciliation: Cash balance per bank statement $ 975 Cash balance per books (prior to reconciliation) 660 Outstanding check #643 502 Outstanding check #651 43 Bank service charges 25 Customer check returned by bank as NSF 20 Deposits in transit 190 Interest received from bank 5 The amount of cash that should appear on the balance sheet following completion of the reconciliation and adjustment of the accounting records is: O $620. O $660. O $305. O $640. 3 pts
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