Question
The treasurer preparing the October bank reconciliation identified the following items: Cash balance per the company's records $32,700, Deposits in Transit $4,300, Outstanding Checks $2,200,
The treasurer preparing the October bank reconciliation identified the following items: Cash balance per the company's records $32,700, Deposits in Transit $4,300, Outstanding Checks $2,200, Interest earned on the checking account $200, Customer NSF check $400. What is the company's adjusted cash balance at Oct. 31?
- A. $32,700
- B. $32,500
- C. $34,800
- D. $34,900
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The Cost Of Quality Audit
Authors: W. Jeffrey Howard
1st Edition
1902433629, 978-1902433622
