Rodgers Company gathered the following reconciling information in preparing its May bank reconciliation. Determine the adjusted balance on May 31. Cash balance per company records, May 31 $4,330 Deposits in transit 163 Notes receivable and interest collected by bank 761 Bank charge for check printing 49 Outstanding checks 1,731 NSF check 153 a.$3,370 b.$4,889 c.$2,762 d.$924

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Q: Rodgers Company gathered the following reconciling information in preparing its May bank…

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Q: Gunnar Company gathered the following reconciling information in preparing its September bank…

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A: Formulas: Cash balance per books, 9/30                                              XXXX Add: Notes…

Q: Rodgers Company gathered the following reconciling information in preparing its May bank…

A: A bank reconciliation statement is prepared by the management at a particular time period. It helps…

Q: Rodgers Company gathered the following reconciling information in preparing its May bank…

A: Bank reconciliation statement is prepared where an entry which is found in one book (Cash book or…

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Q: Rodgers Company gathered the following reconciling information in preparing its May bank…

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Q: Rodgers Company gathered the following reconciling information in preparing its May bank…

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Q: Gunnar Company gathered the following reconciling information in preparing its September bank…

A: Formula: Adjusted cash balance per books = cash balance per books + notes receivable and interest…

Q: Rodgers Company gathered the following reconciling information in preparing its May bank…

A: Introduction Bank Reconciliation Statement is prepared to compare the passbook with cashbook to…

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Q: Gunnar Company gathered the following reconciling information in preparing its September bank…

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A: Bank Reconciliation Statement: Bank statement is prepared by bank. The company maintains its own…

Q: Gunnar Company gathered the following reconciling information in preparing its September bank…

A: Solution The adjusted cash balance of Gunnar Company on September 30 is shown below

Q: Rodgers Company gathered the following reconciling information in preparing its May bank…

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A: Answer:   Option a.

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A: a. Compute adjusted balance on bank reconciliation as shown below:

Bank Reconciliation Statement

As a commerce student, we all know that every business has to maintain a cash book to maintain all his cash and bank transactions. A cash book is a book which has two columns, one cash column and one bank column.