14. Given: Bank ending balance of 6250, deposits in transil of 560, outstanding checks of 340, book ending balance of 5028, dividend revenue of 550, a company cost of 470, interest revenue of 622, service charge of 29, NSF of 29, and an EFT payment of 142 What is the correct cash balance? HINT: company cost is added on the book side. Book Bank Ending Balance Ending Balance Dividend Revenue Deposits in Transit Company Cost Outstanding Checks Interest Revenue Adjusted Balance Service Charge NSF EFT Payment Adjusted Balance
14. Given: Bank ending balance of 6250, deposits in transil of 560, outstanding checks of 340, book ending balance of 5028, dividend revenue of 550, a company cost of 470, interest revenue of 622, service charge of 29, NSF of 29, and an EFT payment of 142 What is the correct cash balance? HINT: company cost is added on the book side. Book Bank Ending Balance Ending Balance Dividend Revenue Deposits in Transit Company Cost Outstanding Checks Interest Revenue Adjusted Balance Service Charge NSF EFT Payment Adjusted Balance
Financial Accounting
14th Edition
ISBN:9781305088436
Author:Carl Warren, Jim Reeve, Jonathan Duchac
Publisher:Carl Warren, Jim Reeve, Jonathan Duchac
Chapter8: Sarbanes-oxley, Internal Control, And Cash
Section: Chapter Questions
Problem 19E
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