Question 6

Urban Bloom, Incorporated's books show an ending cash balance of $14,000 before preparing the bank reconciliation. Given the bank reconciliation shows outstanding checks of $3,800, deposits in transit of $2,800, NSF check of $180, and interest earned on the bank account of $90, the company's up-to-date ending cash balance equals: Multiple Choice $13,910. $14,270. $10,110. $12,910. Urban Bloom, Incorporated's books show an ending cash balance of $14,000 before preparing the bank reconciliation. Given the bank reconciliation shows outstanding checks of $3,800, deposits in transit of $2,800, NSF check of $180, and interest earned on the bank account of $90, the company's up-to-date ending cash balance equals: Multiple Choice $13,910. $14,270. $10,110. $12,910