Gunnar Company gathered the following reconciling information in preparing its September bank reconciliation:Cash balance per books, 9/30$2,166Deposits in transit477Notes receivable and interest collected by bank705Bank charge for check printing25Outstanding checks1,303NSF check164Calculate the adjusted cash balance per books on September 30.a.$1,340.b.$1,856.c.$2,682.d.$2,020.

Bank reconciliation statement: It is prepared to reconcile the balance in the cash book and balance…

Answered: Gunnar Company gathered the following…

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter8: Fraud, Internal Controls, And Cash

Section: Chapter Questions

Problem 9EA: Using the following information, prepare a bank reconciliation. Bank balance: $4,587 Book balance:...

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Gunnar Company gathered the following reconciling information in preparing its September bank reconciliation:

Cash balance per books, 9/30	$2,166
Deposits in transit	477
Notes receivable and interest collected by bank	705
Bank charge for check printing	25
Outstanding checks	1,303
NSF check	164

Calculate the adjusted cash balance per books on September 30.

a.$1,340.

b.$1,856.

c.$2,682.

d.$2,020.

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