Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Jamison Company developed the following reconciling information in preparing its June bank reconciliation: Cash balance per bank, 6/30 $12,558 Note receivable collected by bank 7,396
Jamison Company developed the following reconciling information in preparing its June bank reconciliation:
Cash balance per bank, 6/30 | $12,558 |
Note receivable collected by bank | 7,396 |
Outstanding checks | 5,133 |
Deposits-in-transit | 4,858 |
Bank service charge | 72 |
NSF check | 1,098 |
Using the above information, determine the cash balance per books (before adjustments) for Jamison Company.
A. $6,057
B. $18,509
C. $18,784
D. $12,283
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started