Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Derek Company gathered the following reconciling information in preparing its September bank reconciliation: Cash balance per books, 9/30 $3,256 Deposits in transit 557 Notes receivable
Derek Company gathered the following reconciling information in preparing its September bank reconciliation:
Cash balance per books, 9/30 | $3,256 |
Deposits in transit | 557 |
Notes receivable and interest collected by bank | 795 |
Bank charge for check printing | 35 |
Outstanding checks | 1,233 |
NSF check | 188 |
Find the adjusted cash balance per books on September 30.
Select the correct answer.
$3,152
$2,580
$3,828
$3,340
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started