Question
Yanzi Company gathered the following reconciling information in preparing its April bank reconciliation: Cash balance per books, April 30.................................................... $3,500 Deposits in transit............................................................................. 150 EFT
Yanzi Company gathered the following reconciling information in preparing its April bank reconciliation:
Cash balance per books, April 30.................................................... $3,500
Deposits in transit............................................................................. 150
EFT collections by bank.................................................................. 850
Bank charge for cheque printing...................................................... 20
Outstanding cheques........................................................................ 2,000
NSF cheque...................................................................................... 170
The adjusted cash balance per books on April 30 is
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Intermediate Accounting
Authors: Elizabeth A. Gordon, Jana S. Raedy, Alexander J. Sannella
2nd edition
134730372, 134730370, 978-0134730370
