fore reconciling its bank statement, Rollin Corporation's general ledger had a month-end balance in the cash account of $5.750. The be Conciliation for the month contained the following items: Deposits in transit Outstanding checks Interest earned $ 770 Multiple Choice 495 20 120 NSF check returned to bank Bank service charge Given the above information, what is the up-to-date ending cash balance Rollin should report at month-end? 20

College Accounting (Book Only): A Career Approach
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Chapter6: Bank Accounts, Cash Funds, And Internal Controls
Section: Chapter Questions
Problem 3E
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Before reconciling its bank statement, Rollin Corporation's general ledger had a month-end balance in the cash account of $5.750. The bank
reconciliation for the month contained the following items:
Deposits in transit
Outstanding checks
Interest earned
NSF check returned to bank
Bank service charge
Given the above information, what is the up-to-date ending cash balance Rollin should report at month-end?
Multiple Choice
$4,980.
O $5,300.
$ 770
495
20
120
20
$5,630.
Transcribed Image Text:Before reconciling its bank statement, Rollin Corporation's general ledger had a month-end balance in the cash account of $5.750. The bank reconciliation for the month contained the following items: Deposits in transit Outstanding checks Interest earned NSF check returned to bank Bank service charge Given the above information, what is the up-to-date ending cash balance Rollin should report at month-end? Multiple Choice $4,980. O $5,300. $ 770 495 20 120 20 $5,630.
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