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what is the answer please Jersey Bob's Co has a checking account at Home Bank and an interest-bearing savings account at Chasen Bank. On December

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Jersey Bob's Co has a checking account at Home Bank and an interest-bearing savings account at Chasen Bank. On December 31, thank bank reconciliations for Jersey Bob's are as follows: Home Bank Bank balance $1,500 outstanding checks (6,500) Book balance (5,000) Chasen Bank Bank balance $150,000 deposits in transit | 3.500 Book balance 153,000 What is the appropriate cash balance to be reported on Jersey Bob's balance sheet? Jersey Bob's Co has a checking account at Home Bank and an interest-bearing savings account at Chasen Bank. On December 31, thank bank reconciliations for Jersey Bob's are as follows: Home Bank Bank balance $1,500 outstanding checks (6,500) Book balance (5,000) Chasen Bank Bank balance $150,000 deposits in transit | 3.500 Book balance 153,000 What is the appropriate cash balance to be reported on Jersey Bob's balance sheet

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