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Compute the adjusted cash balance as at September 30, 2019 of Guyana Corp where it was preparing a bank reconciliation statement as of September 30, 2019. The company has provided the following details: Deposit in Transit = $4,300 Book balance =$32,800 Customer NSF check returned by bank =$400 Outstanding checks = $2,200 Interest earned on checking account =$100

Compute the adjusted cash balance as at September 30, 2019 of Guyana Corp where it was preparing a bank reconciliation statement as of September 30, 2019. The company has provided the following details: Deposit in Transit = $4,300 Book balance =$32,800 Customer NSF check returned by bank =$400 Outstanding checks = $2,200 Interest earned on checking account =$100

College Accounting (Book Only): A Career Approach
College Accounting (Book Only): A Career Approach
13th Edition
ISBN:9781337280570
Author:Scott, Cathy J.
Publisher:Scott, Cathy J.
Chapter6: Bank Accounts, Cash Funds, And Internal Controls
Section: Chapter Questions
Problem 2E
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Compute the adjusted cash balance as at September 30, 2019 of Guyana Corp where it was preparing a bank reconciliation statement as of September 30, 2019.
The company has provided the following details:
Deposit in Transit = $4,300
Book balance =$32,800
Customer NSF check returned by bank =$400
Outstanding checks = $2,200
Interest earned on checking account =$100

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