Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Gunnar Company gathered the following reconciling information in preparing its September bank reconciliation: Cash balance per books, 9/30$3,498Deposits in transit491Notes receivable and interest collected by

Gunnar Company gathered the following reconciling information in preparing its September bank reconciliation:

Cash balance per books, 9/30$3,498Deposits in transit491Notes receivable and interest collected by bank714Bank charge for check printing22Outstanding checks1,530NSF check126

Calculate the adjusted cash balance per books on September 30.

a.$2,459.

b.$4,064.

c.$3,025.

d.$3,151.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Introduction to Probability

Authors: Mark Daniel Ward, Ellen Gundlach

1st edition

716771098, 978-1319060893, 1319060897, 978-0716771098

Students also viewed these Accounting questions

Question

Use Exercise 90 to evaluate the integral dx ocos x

Answered: 1 week ago