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Urban Bloom, Inc.'s books show an ending cash balance of $12,500 before preparing the bank reconciliation. Given the bank reconciliation shows outstanding checks of $3,500,
Urban Bloom, Inc.'s books show an ending cash balance of $12,500 before preparing the bank reconciliation. Given the bank reconciliation shows outstanding checks of $3,500, deposits in transit of $2,500, NSF check of $150, and interest earned on the bank account of $60, the company's up-to- date ending cash balance equals: Multiple Choice O $12,710 $11,410. O $12,410 O O $8.910
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