Question
The 8/31 Cash in Bank account in the Arizona Companys ledger was $20,000. The following 8/31 reconciling items existed: Bank Service Charge $100 Outstanding Checks
The 8/31 Cash in Bank account in the Arizona Companys ledger was $20,000.
The following 8/31 reconciling items existed:
| Bank Service Charge | $100 |
| Outstanding Checks | $270 |
| Note Collection by bank | $100 |
| Deposit in Transit | $400 |
The balance appearing on the 8/31 bank statement is: $_____________
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Financial Accounting
Authors: Robert Libby, Patricia Libby, Daniel Short, George Kanaan, M
5th Canadian edition
9781259105692, 978-1259103285
