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Thompson Corporation gathered the following reconciling information in preparing its October bank reconciliation: Cash balance per bank, 10/31 $13,060 Note receivable collected by bank 5,379
Thompson Corporation gathered the following reconciling information in preparing its October bank reconciliation: Cash balance per bank, 10/31 $13,060 Note receivable collected by bank 5,379 Outstanding checks 8,821 Deposits in transit 4,459 Bank service charge 125 NSF check 1,881 Using the above information, determine the cash balance per books (before adjustments) for Thompson Corporation. Select the correct answer.
a-$16,433
b-$8,698
c-$5,325
d-$12,071
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