Question
Duke Company's unadjusted bank balance at March 31 is $2,300. The bank reconciliation revealed outstanding checks amounting to $500 and deposits in transit of $400.
Duke Company's unadjusted bank balance at March 31 is $2,300. The bank reconciliation revealed outstanding checks amounting to $500 and deposits in transit of $400. Based on this information, Duke's true cash balance is:
Asked Jul 9, 2019 in Business by Stigma
A. $2,400.
B. $2,000.
C. $2,200.
D. $2,700.
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Human Resource Management
Authors: Gary Dessler
15th Edition
134237510, 013423751X, 134235452, 978-0134235455
