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Soft Water Company gathered the following reconciling information in preparing its July bank reconciliation: Cash balance per books, 7/31 $23,500 Deposits in transit 1,200 Notes
Soft Water Company gathered the following reconciling information in preparing its July bank reconciliation:
| Cash balance per books, 7/31 | $23,500 |
| Deposits in transit | 1,200 |
| Notes receivable and interest collected by bank | 4,800 |
| Bank charge for check printing | 80 |
| Outstanding checks | 8,000 |
| NSF check | 860 |
The adjusted cash balance per books on July 31 is
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Financial Accounting Preparing Financial Statements Study Text
Authors: Kaplan
1st Edition
9781839965685
