Concord Corporation gathered the following reconciling information in preparing its April bank reconciliation:Cash balance per books, 4/30 $14100Deposits in transit 1900Notes receivable and interest collected by bank 4740Bank charge for check printing 160Outstanding checks 9600NSF check 900The adjusted cash balance per books on April 30 is$19580.$18840.$17780.$19680.

Answered: Concord Corporation gathered the…

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter8: Fraud, Internal Controls, And Cash

Section: Chapter Questions

Problem 9EB: Using the following information, prepare a bank reconciliation. Bank balance: $7,651 Book balance:...

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Concord Corporation gathered the following reconciling information in preparing its April bank reconciliation:

Cash balance per books, 4/30		$14100
Deposits in transit		1900
Notes receivable and interest collected by bank		4740
Bank charge for check printing		160
Outstanding checks		9600
NSF check		900

The adjusted cash balance per books on April 30 is

$19580.

$18840.

$17780.

$19680.

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the answer above is incorrect according to the exam I am taking the correct answer is $17780

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