Question
The balance in a company's Cash account on August 31 was $19,300, before the bank reconciliation was prepared. After examining the August bank statement
The balance in a company's Cash account on August 31 was $19,300, before the bank reconciliation was prepared. After examining the August bank statement and items included with it, the company's accountant found: Checks outstanding NSF check from a customer Note collected by bank for the company $ 4,100 140 1,450 Deposits outstanding 3,600 Bank service fees 190 What is the amount of cash that should be reported in the company's balance sheet as of August 31?
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Fundamental Accounting Principles
Authors: Larson Kermit, Tilly Jensen
Volume I, 14th Canadian Edition
71051503, 978-1259066511, 1259066517, 978-0071051507
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