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Topic: Bank Reconciliations 3. Helga Co. developed the following reconciling information in preparing its September banlk reconciliation Cash balance per bank, 9130 Note receivable collected
Topic: Bank Reconciliations 3. Helga Co. developed the following reconciling information in preparing its September banlk reconciliation Cash balance per bank, 9130 Note receivable collected by bank Outstanding checks Deposits-in-transit Bank service charge NSF check $16,000 8,000 12,000 6,000 100 2,000 Using the above information, determine the cash balance per books (before adjustments) for Helga Co. Bonus. After completing a bank reconciliation, you are preparing journal entries to agree the Moving Company's Cash account balance with the reconciled balance shown on the reconciliation. Which of the following requires a journal entry? Deposits in transit at the end of the periocd A) Outstanding checks at the end of the period B) An error by the bank in recording one of the firm's deposits C) An "NSF" check
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