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The following items relate to the companys March bank reconciliation: Bank statement balance $29,600 Unadjusted cash balance according to company records ? Deposit in transit
The following items relate to the companys March bank reconciliation:
Bank statement balance | $29,600 |
Unadjusted cash balance according to company records | ? |
Deposit in transit | 2,200 |
Outstanding checks | 3,100 |
Bank service charges | 200 |
Interest earned on the bank account | 100 |
Customer's NSF check returned by the bank | 300 |
Refer to Delco Construction. What is the company's unadjusted cash balance in its accounting records at March 31st before the reconciliation was completed?
$28,700 | ||
$29,100 | ||
$28,300 | ||
$29,600 |
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