Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Jamison Company developed the following reconciling information in preparing its June bank reconciliation: Cash balance per bank, 6/30 $12,193 Note receivable collected by bank $5,587

Jamison Company developed the following reconciling information in preparing its June bank reconciliation:

Cash balance per bank, 6/30 $12,193
Note receivable collected by bank $5,587
Outstanding checks $7,596
Deposits-in-transit $4,700
Bank service charge $147
NSF check $1,305

Using the above information, determine the cash balance per books (before adjustments) for the Jamison Company.

$16,328
$13,432
$9,297
$5,162

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions