The Cash account in the records of Clear Windows shows a balance of $ 1 2 ,
Fantastic news! We've Found the answer you've been seeking!
Question:
The Cash account in the records of Clear Windows shows a balance of $ at September The bank statement, however, shows a balance of $ at the same date. The only reconciling items consist of a bank service charge of $ a large number of outstanding checks totaling $ and a deposit in transit.
What is the amount of the deposits in transit?
Related Book For
Financial and Managerial Accounting the basis for business decisions
ISBN: 978-1259692406
18th edition
Authors: Jan Williams, Susan Haka, Mark Bettner, Joseph Carcello
Posted Date: