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Hi, can anyone answer this Q for me please. Acme, Inc.'s books show an ending cash balance of $14,500 before preparing the bank reconciliation. Given
Hi,
can anyone answer this Q for me please.
Acme, Inc.'s books show an ending cash balance of $14,500 before preparing the bank reconciliation. Given the bank reconciliation shows outstanding checks of $3,900, deposits in transit of $2,900, NSF check of $190, and interest earned on the bank account of $100, the company's up-to-date ending cash balance equals:
$14,410.
$10,510.
$13,410.
$14,790.
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