Jamison Company developed the following reconciling information in preparing its June bank reconciliation:Cash balance per bank, 6/30$10,896Note receivable collected by bank6,629Outstanding checks5,085Deposits-in-transit4,666Bank service charge78NSF check2,124Using the above information, determine the cash balance per books (before adjustments) for Jamison Company.$15,323$6,050$10,477$14,904

In this case, the adjustments or reconciliation information for correcting the cash balance per book…

Answered: Jamison Company developed 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 9EB: Using the following information, prepare a bank reconciliation. Bank balance: $7,651 Book balance:...

See similar textbooks

Related questions

Concept explainers

Question

Jamison Company developed the following reconciling information in preparing its June bank reconciliation:

Cash balance per bank, 6/30	$10,896
Note receivable collected by bank	6,629
Outstanding checks	5,085
Deposits-in-transit	4,666
Bank service charge	78
NSF check	2,124

Using the above information, determine the cash balance per books (before adjustments) for Jamison Company.

$15,323

$6,050

$10,477

$14,904

Expert Solution

Trending now

This is a popular solution!

Step by step

Solved in 2 steps

SEE SOLUTION Check out a sample Q&A here

Knowledge Booster

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.

Similar questions