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it doesnt come with that balance On October 31, 2020, Vienna Company's bank statement showed an ending balance of $74,682. The following information is available
it doesnt come with that balance
On October 31, 2020, Vienna Company's bank statement showed an ending balance of $74,682. The following information is available about Vienna's account: 1. Debit memo in bank statement for bank service charge, $78 2. Deposit in transit, $5,976 3. Outstanding checks, $6,312 4. NSF check for $1,446 appears on the bank statement a) Determine the true (correct) cash balance as of October 31, 2020. b) Determine the unadjusted balance of Vienna's Cash account (books) as of October 31, 2020. c) Prepare the required journal entries to adjust Vienna's Cash account balance to the true correct) cash balance as of October 31, 2020 Step by Step Solution
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