Question
Rachel Sells is unable to reconcile the bank balance at January 31. Rachels reconciliation is shown as follows. Cash balance per bank $4,567.20 Add: NSF
Rachel Sells is unable to reconcile the bank balance at January 31. Rachels reconciliation is shown as follows.
| Cash balance per bank | $4,567.20 | |
| Add: NSF check | 480.00 | |
| Less: Bank service charge | 36.00 | |
| Adjusted balance per bank | $5,011.20 | |
| Cash balance per books | $4,865.20 | |
| Less: Deposits in transit | 582.00 | |
| Add: Outstanding checks | 800.00 | |
| Adjusted balance per books | $5,083.20 |
(a) What is the proper adjusted cash balance per bank?
| The proper adjusted cash balance per bank | $ |
(b) What is the proper adjusted cash balance per books?
| The proper adjusted cash balance per books | $ |
(c) Prepare a tabular analysis for the adjustments required to reach the adjusted cash balance per books. Include margin explanations for the changes in revenues and expenses
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Marketing Audit And Performance A Case Of Parastatals Marketin Audit And Performance
Authors: Bonventure Onyango Odote, Wyckliffe Otieno Robby
1st Edition
365946595X, 978-3659465956
