Question
Marin Companys general ledger indicates a cash balance of $22,840 as of September 30, 2021. Early in October Marin received a bank statement indicating that
Marin Companys general ledger indicates a cash balance of $22,840 as of September 30, 2021. Early in October Marin received a bank statement indicating that during September Marin had an NSF check of $2,000 returned to a customer and incurred service charges of $70. Marin also learned it had incorrectly recorded a check received from a customer on September 15 as $900 when in fact the check was for $990. Calculate Marins correct September 30, 2021, cash balance.Marin Companys general ledger indicates a cash balance of $22,840 as of September 30, 2021. Early in October Marin received a bank statement indicating that during September Marin had an NSF check of $2,000 returned to a customer and incurred service charges of $70. Marin also learned it had incorrectly recorded a check received from a customer on September 15 as $900 when in fact the check was for $990. Calculate Marins correct September 30, 2021, cash balance.
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