Question
The following items appeared on the January 31 bank reconciliations for Dupree Company: Outstanding Checks: $74 Deposit in Transit: $80 Bank Service Charge: $4 NSF
The following items appeared on the January 31 bank reconciliations for Dupree Company: Outstanding Checks: $74 Deposit in Transit: $80 Bank Service Charge: $4 NSF Check: $40 Error: Check written by Dupree for $440 was correctly recorded by Dupree, but recorded for $476 by the bank. Bank collection of Note Receivable for Dupree: $90 The unadjusted balance per the January 31 bank statement is $1,000. The adjusted cash balance for the January 31 balance sheet is:
Select one: a. $970 b. $1,006 c. $1,042 d. $1,088 e. $916
The following items appeared on the January 31 bank reconciliations for Shelly Company: Outstanding Checks: $100 NSF Check: $6 Bank Service Charge: $8 Deposit in Transit: $80 Error: Deposit by Shelly for $440 was correctly recorded by Shelly, but recorded for $476 by the bank. Bank collection of Note Receivable for Shelly: $170 The unadjusted January 31 book balance is $1,000. The adjusted cash balance for the January 31 balance sheet is:
Select one: a. $1,172 b. $1,136 c. $1,192 d. $1,156 e. $1,120
can you solve this for me and show me the way how to do it?
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