Question
Don Wyatt is unable to reconcile the bank balance at January 31. Don's reconciliation is as follows. Cash balance per bank$3,760.20 Add: NSF check590.00 Less:
Don Wyatt is unable to reconcile the bank balance at January 31. Don's reconciliation is as follows.
Cash balance per bank$3,760.20
Add: NSF check590.00
Less: Bank service charge30.00
Adjusted balance per bank$4,320.20
Cash balance per books$4,075.20
Less: Deposits in transit630.00
Add: Outstanding checks935.00
Adjusted balance per books$4,380.20
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Advanced Accounting
Authors: Debra C Jeter, Paul K Chaney
5th Edition
1118022297, 978-1118022290
