Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Question 6 (3 points) Unicycle Company developed the following reconciling information in preparing its September bank reconciliation: Cash balance per bank, 9/30 $24,000 Note receivable

image text in transcribed
Question 6 (3 points) Unicycle Company developed the following reconciling information in preparing its September bank reconciliation: Cash balance per bank, 9/30 $24,000 Note receivable collected by bank 12,000 Outstanding checks 14,000 Deposits in transit 7,000 Bank service charge 150 NSF check 2,400 Determine the cash balance per books (before adjustments) for Unicycle Company. $17,000 O $7,550. $9,550. O $2,450

Step by Step Solution

There are 3 Steps involved in it

Step: 1

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

AML Auditing Understanding Global Custody Services

Authors: Bob Walsh

1st Edition

1539534367, 978-1539534365

More Books

Students also viewed these Accounting questions