Question
Question Content Area Rodgers Company gathered the following reconciling information in preparing its May bank reconciliation: Line Item Description Amount Cash balance per company's records,
Question Content Area
Rodgers Company gathered the following reconciling information in preparing its May bank reconciliation:
| Line Item Description | Amount |
|---|---|
| Cash balance per company's records, May 31 | $3,536 |
| Deposits in transit | 190 |
| Note receivable and interest collected by bank | 709 |
| Bank charge for check printing | 39 |
| Outstanding checks | 1,457 |
| NSF check | 193 |
Determine the adjusted balance that would appear in the company section of the bank reconciliation on May 31.
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Financial Accounting
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
7th Edition
978-0470477151, 978-0-470-5562, 470556242, 0-470-55624-2, 9780470556245, 978-0470507018
