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ovember and December 2020 are shown below: Nov-30 Dec-31 50,820 87,300 63,800 34,000 61,920 55,280 Book balance Book debits Book credits Bank balance Bank debits Bank credits Bank service charge Notes collected by bank on behalf of SNSD NSF checks Deposit in transit Outstanding checks Deposit of 2NE1 Corporation erroneously credited to SNSD 3,800 Check erroneously debited by the bank to SNSD Company ? 250 300 3,500 4,100 1,870 3,200 12,000 22.500 19,500| 35,700 2,900 3,000 2,500

ovember and December 2020 are shown below: Nov-30 Dec-31 50,820 87,300 63,800 34,000 61,920 55,280 Book balance Book debits Book credits Bank balance Bank debits Bank credits Bank service charge Notes collected by bank on behalf of SNSD NSF checks Deposit in transit Outstanding checks Deposit of 2NE1 Corporation erroneously credited to SNSD 3,800 Check erroneously debited by the bank to SNSD Company ? 250 300 3,500 4,100 1,870 3,200 12,000 22.500 19,500| 35,700 2,900 3,000 2,500

Intermediate Accounting: Reporting And Analysis
Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter6: Cash And Receivables
Section: Chapter Questions
Problem 11MC
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What is the adjustment balance of cash in bank of Mickey Mouse Corporation in December 2020?

Information concerning the cash records of Mickey Mouse Corporation for the months of November and December 2020 are shown below: Nov-30 Dec-31 ? Book balance Book debits Book credits Bank balance Bank debits Bank credits Bank service charge Notes collected by bank on behalf of SNSD NSF checks Deposit in transit Outstanding checks Deposit of 2NE1 Corporation erroneously credited to SNSD Check erroneously debited by the bank to SNSD Company 50,820 87,300 63,800 34,000 61,920 55,280 250 300 3.500 4,100 1,870 3,200 12,000 22,500 19,500 35,700 2,900 2,500 3,800 3,000
Transcribed Image Text:Information concerning the cash records of Mickey Mouse Corporation for the months of November and December 2020 are shown below: Nov-30 Dec-31 ? Book balance Book debits Book credits Bank balance Bank debits Bank credits Bank service charge Notes collected by bank on behalf of SNSD NSF checks Deposit in transit Outstanding checks Deposit of 2NE1 Corporation erroneously credited to SNSD Check erroneously debited by the bank to SNSD Company 50,820 87,300 63,800 34,000 61,920 55,280 250 300 3.500 4,100 1,870 3,200 12,000 22,500 19,500 35,700 2,900 2,500 3,800 3,000
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