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Question 48 Use the following data to answer the question presented below for Linda Company's preparation of a bank reconciliation on October 31, 2015:
Question 48 Use the following data to answer the question presented below for Linda Company's preparation of a bank reconciliation on October 31, 2015: Bank Statement balance Outstanding checks NSF checks Service charges Deposits in transit Interest earned on checking account $12,800 8,400 5,200 400 3,500 100 What is the adjusted cash balance on October 31, 2015? Selected Answer: 7300 Correct Answer: 7,900 Answer range +/- 0 (7900 - 7900)
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