Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Pharoah Company gathered the following reconciling information in preparing its April bank reconciliation: Cash balance per books, 4/30 $ 21800 Deposits in transit 3000 Notes

Pharoah Company gathered the following reconciling information in preparing its April bank reconciliation:


Cash balance per books, 4/30

$21800
Deposits in transit
3000
Notes receivable and interest collected by bank
7340
Bank charge for check printing
250
Outstanding checks
14900
NSF check
1390

The adjusted cash balance per books on April 30 is


Step by Step Solution

3.37 Rating (147 Votes )

There are 3 Steps involved in it

Step: 1

30500 Adjusted cash balance cash balan... 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

Recommended Textbook for

Survey Of Accounting

Authors: Paul D. Kimmel, Jerry J. Weygandt

2nd Edition

1119594537, 978-1119594536

More Books

Students also viewed these Accounting questions

Question

Name the benefits derived from the existence of stock exchanges.

Answered: 1 week ago