Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Pharoah company gathered the following reconciling information in preparing its June bank reconciliation: Cash balance per books, 6/30 $13600 Deposits in transit 1000 Notes receivable
Pharoah company gathered the following reconciling information in preparing its June bank reconciliation:
| Cash balance per books, 6/30 | $13600 | |
| Deposits in transit | 1000 | |
| Notes receivable and interest collected by bank | 2400 | |
| Bank charge for check printing | 80 | |
| Outstanding checks | 4900 | |
| NSF check | 450 |
The adjusted cash balance per books on June 30 is
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Auditing Quality Management Systems Keeping Your Quality Management System Relevant
Authors: Herne European Consultancy, Ray Tricker
1st Edition
0992758521, 978-0992758523
