In the process of reconciling its bank statement for January, Maxi's Clothing's accountant compiles the following information: Cash balance per company books on January 30 Deposits in transit at month-end Outstanding checks at month-end Bank service charges An NSF check returned on a customer account The adjusted cash balance per the books on January 31 is: Multiple Choice O $7,279 $6,599 $5.584 $6.223 $6,641 $ 6,325 $ 2,120 $ 680 $ 41 $700 4

In the process of reconciling its bank statement for January, Maxi's Clothing's accountant compiles the following information: Cash balance per company books on January 30 Deposits in transit at month-end Outstanding checks at month-end Bank service charges An NSF check returned on a customer account The adjusted cash balance per the books on January 31 is: Multiple Choice O $7,279 $6,599 $5.584 $6.223 $6,641 $ 6,325 $ 2,120 $ 680 $ 41 $700 4

Century 21 Accounting Multicolumn Journal

11th Edition

ISBN:9781337679503

Author:Gilbertson

Publisher:Gilbertson

Chapter5: Cash Control Systems

Section: Chapter Questions

Problem 2AP

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