Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Question 21 (3 points) Saved Electric Sunset Company gathered the following reconciling information in preparing its July bank reconciliation: Cash balance per books, 7/31 $22,000

image text in transcribed
Question 21 (3 points) Saved Electric Sunset Company gathered the following reconciling information in preparing its July bank reconciliation: Cash balance per books, 7/31 $22,000 Deposits in transit 1,200 Notes receivable and interest collected by bank 4,400 Bank charge heck printing 80 Outstanding cks 8,000 NSF check 680 The adjusted cash balance per books on July 31 is $25,640. $26,840 $18,840. $ 17,640

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered 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

Students also viewed these Accounting questions