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Electric Sunset Company gathered the following reconciling information in preparing its July bank reconciliation: Cash balance per books, 7/31 - $5,500 Deposits in transit - 300 Notes receivable and interest collected by bank - 1,100 Bank charge for check printing - 20 Outstanding checks - 2,000 NSF check - 170 The adjusted cash balance per bank on July 31 is ________.a) $4,410.
b) $6,410.
c) $6,710.
d) $4,710.

Respuesta :

tanseershar

Answer:

b.$6,410

Explanation:

Cash Balance per books               $5,500

Note receivable and interest collected $1,100

Bank Charges for check printing              ($20)

NSF Check                                                ($170)

Adjusted balance per cash book          $6,410

Please note that outstanding checks and deposits in transit will be recorded in bank balance therefore ignored in our working as above.

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