Question
Whispering Winds is unable to reconcile the bank balance at January 31. Whispering Winds' reconciliation is as follows. Cash balance per bank $3,800.20 Add: NSF
Whispering Winds is unable to reconcile the bank balance at January 31. Whispering Winds' reconciliation is as follows.
Cash balance per bank
$3,800.20
Add: NSF check
570.00
Less: Bank service charge
35.00
Adjusted balance per bank
$4,335.20
Cash balance per books
$4,115.20
Less: Deposits in transit
650.00
Add: Outstanding checks
940.00
Adjusted balance per books
$4,405.20
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Accounting For Decision Making And Control
Authors: Jerold Zimmerman
7th Edition
0078136725, 9780078136726
