Question
In the process of reconciling Marks Enterprises' bank statement for September, Mr. Marks compiled the following information: Cash balance per company books on Semptember 30-
In the process of reconciling Marks Enterprises' bank statement for September, Mr. Marks compiled the following information:
Cash balance per company books on Semptember 30- $6,255
Deposits in transit at month end- $1,340
Outstanding checks at months end- $660
Bank charge for printing new checks- $65
Note recievable and interest collected by bank on Mark's behalf- $730
A check given to Mark's during the month by a customer is returned by the bank as NSF- $520
The adjusted cash balance per the books on September 30 is?
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Internal Auditing Assurance And Advisory Services
Authors: Kurt R. Reding, Paul J. Sobel, Urton L. Anderson, Michael J. Head, Sridhar Ramamoorti, Mark Salamasick, Cris Riddle
3rd Edition
0894137409, 978-0894137402
