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The cash account shows a balance of $85500 before reconciliation. The bank statement does not include a deposit of $4800 made on the last day
The cash account shows a balance of $85500 before reconciliation. The bank statement does not include a deposit of $4800 made on the last day of the month. The bank statement shows a collection by the bank of $1800 and a customer's check for $600 was returned because it was NSF. A customer's check for $860 was recorded on the books as $1095, and a check written for $195 was recorded as \$233. The correct balance in the cash account was $86973.$86427.$91303.$86503
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