Marigold Corp. gathered the following reconciling information in preparing its August bank reconciliation: Cash balance per books,
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Question:
Marigold Corp. gathered the following reconciling information in preparing its August bank reconciliation:
Cash balance per books, 8/31 | $21800 |
Deposits in transit | 900 |
Notes receivable and interest collected by bank | 5300 |
Bank charge for check printing | 120 |
Outstanding checks | 12500 |
NSF check | 1060 |
The adjusted cash balance per books on August 31 is
Second part:
Blossom Company gathered the following reconciling information in preparing its April bank reconciliation:Cash balance per books, 4/30 | $20800 |
Deposits in transit | 2800 |
Notes receivable and interest collected by bank | 6990 |
Bank charge for check printing | 240 |
Outstanding checks | 14200 |
NSF check | 1320 |
Posted Date: