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The following information was available to the accountant of Horton Company when preparing the monthly bank reconciliation: Cash balance per bank statement$1,055 Cash balance per
The following information was available to the accountant of Horton Company when preparing the monthly bank reconciliation:
Cash balance per bank statement$1,055 Cash balance per books (prior to reconciliation)764 Outstanding check #643582 Outstanding check #65151 Bank service charges33 Customer check returned by bank as NSF60 Deposits in transit270 Interest received from bank21
The amount of cash that should appear on the balance sheet following completion of the reconciliation and adjustment of the accounting records is:
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