If the month-end bank statement shows a balance of $54,000, outstanding checks are $15,000, a deposit of $6,000 was in transit at month end, and a NSF check for $900 was charged by the bank against the account, the adjusted bank balance per the bank statement is: Group of answer choice $62,100. $45,900. $45,000. $44,100.
If the month-end bank statement shows a balance of $54,000, outstanding checks are $15,000, a deposit of $6,000 was in transit at month end, and a NSF check for $900 was charged by the bank against the account, the adjusted bank balance per the bank statement is: Group of answer choice $62,100. $45,900. $45,000. $44,100.
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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