Question
Ferry Creek Company's (FCC) March 31 bank statement balance was $143,000. As of March 31, outstanding checks total $45,200 and deposits in transit total $30,600.
Ferry Creek Company's (FCC) March 31 bank statement balance was $143,000. As of March 31, outstanding checks total $45,200 and deposits in transit total $30,600. Assuming there are no other reconciling items, what was the March 31 cash balance on FCC's books?
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QS 9000 Handbook A Guide To Registration And Audit
Authors: Jayanta Bandyopadhyay
1st Edition
157444011X, 978-1574440119
