Swifty, Inc. had the following bank reconciliation at March 31, 2021:Balance per bank statement, 3/31/21Add: Deposit in transitLess: Outstanding checksBalance per books, 3/31/21Data per bank for the month of April 2021follow:DepositsDisbursements$37800$36300$39100$27890$339206280440808660$35420$4770049200All reconciling items at March 31, 2021 cleared the bank in April. Outstanding checks at April 30, 2021 totaled $6030. There were nodeposits in transit at April 30, 2021. What is the cash balance per books at April 30, 2021?

Cash Balance per books The final balance of an account that shows in the general ledger is known as…

Swifty, Inc. had the following bank reconciliation at March 31, 2021: Balance per bank statement, 3/31/21 Add: Deposit in transit Less: Outstanding checks Balance per books, 3/31/21 Data per bank for the month of April 2021 follow: Deposits Disbursements $37800 6280 44080 8660 $35420 $47700 49200 All reconciling items at March 31, 2021 cleared the bank in April. Outstanding checks at April 30, 2021 totaled $6030. There were no deposits in transit at April 30, 2021. What is the cash balance per books at April 30, 2021?

Swifty, Inc. had the following bank reconciliation at March 31, 2021: Balance per bank statement, 3/31/21 Add: Deposit in transit Less: Outstanding checks Balance per books, 3/31/21 Data per bank for the month of April 2021 follow: Deposits Disbursements $37800 6280 44080 8660 $35420 $47700 49200 All reconciling items at March 31, 2021 cleared the bank in April. Outstanding checks at April 30, 2021 totaled $6030. There were no deposits in transit at April 30, 2021. What is the cash balance per books at April 30, 2021?

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter8: Fraud, Internal Controls, And Cash

Section: Chapter Questions

Problem 11EB: Using the following information, prepare a bank reconciliation. Bank balance: $12,565. Book...

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