Balance per bank $16,750 Balance per company records 16,125 Bank service charges 80 Deposits-in-transit 2,195 NSF check 950 Outstanding checks 3,850

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter8: Fraud, Internal Controls, And Cash
Section: Chapter Questions
Problem 5EA: The bank reconciliation shows the following adjustments: Deposits in transit: $1,234 Outstanding...
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Balance per bank
$16,750
Balance per company records 16,125
Bank service charges
80
Deposits-in-transit
2,195
NSF check
950
Outstanding checks
3,850
What is the adjusted balance on the bank reconciliation?
Transcribed Image Text:Balance per bank $16,750 Balance per company records 16,125 Bank service charges 80 Deposits-in-transit 2,195 NSF check 950 Outstanding checks 3,850 What is the adjusted balance on the bank reconciliation?
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