Question
Kingbird Sells is unable to reconcile the bank balance at January 31. Kingbirds reconciliation is shown here. Cash balance per bank $4,300.20 Add: NSF check
Kingbird Sells is unable to reconcile the bank balance at January 31. Kingbirds reconciliation is shown here.
| Cash balance per bank | $4,300.20 | |
| Add: NSF check | 320.00 | |
| Less: Bank service charge | 34.00 | |
| Adjusted balance per bank | $4,586.20 | |
| Cash balance per books | $4,615.20 | |
| Less: Deposits in transit | 900.00 | |
| Add: Outstanding checks | 939.00 | |
| Adjusted balance per books | $4,654.20 |
What is the proper adjusted cash balance per bank?
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Medical Audit In Primary Health Care
Authors: Martin Lawrence, Theo Schofield
1st Edition
0192622676, 978-0192622679
