Jones Company collected the following information to prepare its May bank reconciliation: Cash balance per books, May 31 $5,300 Deposits in transit 510 Notes receivable with interest collected by bank 580 Bank service charges 30 Outstanding checks 180 NSF check 150 How much is the adjusted cash balance per books on May 31? O $6,210 O $5,700 $5,810 O $5,660

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:...
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Jones Company collected the following information to prepare its May bank reconciliation:
Cash balance per books, May 31
$5,300
Deposits in transit
510
Notes receivable with interest collected by bank
580
Bank service charges
30
Outstanding checks
180
NSF check
150
How much is the adjusted cash balance per books on May 31?
$6,210
$5,700
$5,810
$5,660
Transcribed Image Text:Jones Company collected the following information to prepare its May bank reconciliation: Cash balance per books, May 31 $5,300 Deposits in transit 510 Notes receivable with interest collected by bank 580 Bank service charges 30 Outstanding checks 180 NSF check 150 How much is the adjusted cash balance per books on May 31? $6,210 $5,700 $5,810 $5,660
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