On November 30A, ABC Company received its bank statement. However, the closing balance of the account was unreadable. Attempts to contact the bank after hours did not secure the desired information. The following data are available in preparing a bank reconciliation. October 31 book balance 146,000. Note collected by bank 10, 000. interest earned on note 1,000; NSF check of customer 13,000. Bank service charge on NSF check 200; Other bank service charges 300; Outstanding checks 20, 200; Deposit of October 31 placed in night depository 8,500; Check issued by JKI. Company charged to ABC Co. 2,000; What is the cash balance per bank stament
On November 30A, ABC Company received its bank statement. However, the closing balance of the account was unreadable. Attempts to contact the bank after hours did not secure the desired information. The following data are available in preparing a bank reconciliation. October 31 book balance 146,000. Note collected by bank 10, 000. interest earned on note 1,000; NSF check of customer 13,000. Bank service charge on NSF check 200; Other bank service charges 300; Outstanding checks 20, 200; Deposit of October 31 placed in night depository 8,500; Check issued by JKI. Company charged to ABC Co. 2,000; What is the cash balance per bank stament
College Accounting (Book Only): A Career Approach
13th Edition
ISBN:9781337280570
Author:Scott, Cathy J.
Publisher:Scott, Cathy J.
Chapter6: Bank Accounts, Cash Funds, And Internal Controls
Section: Chapter Questions
Problem 5E
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On November 30A, ABC Company received its bank statement. However, the closing balance of the account was unreadable. Attempts to contact the bank after hours did not secure the desired information. The following data are available in preparing a bank reconciliation. October 31 book balance 146,000. Note collected by bank 10, 000. interest earned on note 1,000; NSF check of customer 13,000. Bank service charge on NSF check 200; Other bank service charges 300; Outstanding checks 20, 200; Deposit of October 31 placed in night depository 8,500; Check issued by JKI. Company charged to ABC Co. 2,000; What is the cash balance per bank stament.
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