Question
In preparing its bank reconciliation for the month of April 2020, Henke Inc. has the following information available: Balance per bank statement,4/30/20.................................$34,140 NSF cheque returned
In preparing its bank reconciliation for the month of April 2020, Henke Inc. has the following information available:
Balance per bank statement,4/30/20.................................$34,140
NSF cheque returned with 4/30/20 bank statement................450
Deposits in transit,4/30/20.......................................................5,000
Outstanding cheques,4/30/20.................................................5,200
Bank service charges forApril.......................................................20
What should be the correct balance of cash at April 30, 2020?
$33,490
$34,370
$33,470
$33,940
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