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Question 7 The reconciled cash balanca from tvanhoe Corparations August 31 bank racondiliation was $37,970. Ivanhoa recorded 1 cheques totalling $175,340 were issued; 2 salaries
Question 7 The reconciled cash balanca from tvanhoe Corparations August 31 bank racondiliation was $37,970. Ivanhoa recorded 1 cheques totalling $175,340 were issued; 2 salaries of $40,550 were electronically deposited to employee accounts 3 he monthly EFT payment of $2,570 was made for rent; and the following avents in t ha general ledger Cash account during the manth of September manth of Septamber: deposits totalled $199,270. (a) Calculate Ivanhoes cash balance in the general ledger Cash account on September 30, priar to the bank reconcliation. Cash balance LINK TO TEXT
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