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r. Yong has requested that Senture Houston, an office manager at Pain Free Dental Associates, prepare a single journal entry for December 31, 2022. The
r. Yong has requested that Senture Houston, an office manager at Pain Free Dental Associates, prepare a single journal entry for December 31, 2022. The bank statement for that day shows $9,500. Three checks were made out on December 30, 2022: $450 for electric, $175 for sterile gloves, and $205 for hand sanitizers. A recent deposit for $5,000 is not on the bank statement. In December, the bank credited $65 in interest to the account and charged bank service fees of $75. Prepare the journal entry to record and complete the bank reconciliation to determine the adjusted cash balance per the facility's accounting records. What is the adjusted cash balance? a. $13, 570 b. $13,670 c. $13,675 d. $14,000
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