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Urban Bloom, Inc.'s books show an ending cash balance of $17,000 before preparing the bank reconciliation. Given the bank reconciliation shows outstanding checks of $4,400,
Urban Bloom, Inc.'s books show an ending cash balance of $17,000 before preparing the bank reconciliation. Given the bank reconciliation shows outstanding checks of $4,400, deposits in transit of $3,400, NSF check of $240, and interest earned on the bank account of $150, the company's up-to-date ending cash balance equals:
Multiple Choice
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$17,390.
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$16,910.
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$12,510.
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$15,910.
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