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Metlock, Inc. gathered the following reconciling information in preparing its August bank reconciliation: Cash balance per books, 8/31 $25,200 Deposits in transit 1,100 Bank charge
Metlock, Inc. gathered the following reconciling information in preparing its August bank reconciliation:
Cash balance per books, 8/31 | $25,200 | |
Deposits in transit | 1,100 | |
Bank charge for check printing | 140 | |
Outstanding checks | 14,400 | |
NSF check | 1,220 |
The adjusted cash balance per books on August 31 is
Question 21 options:
| $8,340 |
| $24,940 |
| $10,820 |
| $23,840 |
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