Question
In the process of reconciling Marks Enterprises' bank statement for September, Mr. Marks compiles the following information: Cash balance per company books on September
In the process of reconciling Marks Enterprises' bank statement for September, Mr. Marks compiles the following information: Cash balance per company books on September 30 Deposits in transit at month-end Outstanding checks at month-end Bank charge for printing new checks Note receivable and interest collected by bank on Marks' behalf A check given to Marks during the month by a customer is returned by the bank as NSF The adjusted cash balance per the books on September 30 is: O $6,900 O $8,160 O $4,600 $6,275 $1,300 $ 620 $ 45 $ 770 $ 480
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