Crane, Inc Balance per bank statement, 3/31/20 Add: Deposit in transit Less: Outstanding checks Balance per books, 3/31/20 Data per bank for the month of April 2020 follow: Deposits Disbursements $36600 6200 42800 O $27200 O $30200 O $25900 8500 $34300 $46000 48500 All reconciling items at March 31, 2020 cleared the bank in April. Outstanding checks at April 30, 2020 totaled $5900. There were no deposits in transit at April 30, 2020. What is the cash balance per books at April 30, 2020?
Crane, Inc Balance per bank statement, 3/31/20 Add: Deposit in transit Less: Outstanding checks Balance per books, 3/31/20 Data per bank for the month of April 2020 follow: Deposits Disbursements $36600 6200 42800 O $27200 O $30200 O $25900 8500 $34300 $46000 48500 All reconciling items at March 31, 2020 cleared the bank in April. Outstanding checks at April 30, 2020 totaled $5900. There were no deposits in transit at April 30, 2020. What is the cash balance per books at April 30, 2020?
Chapter8: Fraud, Internal Controls, And Cash
Section: Chapter Questions
Problem 11EB: Using the following information, prepare a bank reconciliation. Bank balance: $12,565. Book...
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![Crane, Inc. had the following bank reconciliation at March 31, 2020:
Balance per bank statement, 3/31/20
Add: Deposit in transit
Less: Outstanding checks
Balance per books, 3/31/20
$36600
6200
O $27200
Ⓒ $30200
O $25900
O $31800
42800
8500
$34300
Data per bank for the month of April 2020
follow:
Deposits
Disbursements
All reconciling items at March 31, 2020 cleared the bank in April. Outstanding checks at April 30, 2020 totaled $5900. There were no
deposits in transit at April 30, 2020. What is the cash balance per books at April 30, 2020?
$46000
48500](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fa36abd5b-a4fc-46f4-89ba-6164fbffe8d2%2F2a023879-aa2b-435d-a98d-aca9e8da9027%2F0ds4i1x_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Crane, Inc. had the following bank reconciliation at March 31, 2020:
Balance per bank statement, 3/31/20
Add: Deposit in transit
Less: Outstanding checks
Balance per books, 3/31/20
$36600
6200
O $27200
Ⓒ $30200
O $25900
O $31800
42800
8500
$34300
Data per bank for the month of April 2020
follow:
Deposits
Disbursements
All reconciling items at March 31, 2020 cleared the bank in April. Outstanding checks at April 30, 2020 totaled $5900. There were no
deposits in transit at April 30, 2020. What is the cash balance per books at April 30, 2020?
$46000
48500
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