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Thompson Company gathered the following reconciling information in preparing its October bank reconciliation. Cash balance per bank, October 31 $14,391 Note receivable collected by bank 4,306 Outstanding checks 7,664 Deposits in transit 5,297 Bank service charge 146 NSF check 2,231 Determine the cash balance per company records (before adjustment) on October 31. Oa. $12,024 Ob. $13,953 Oc. $10,095 Od. $27,352

Thompson Company gathered the following reconciling information in preparing its October bank reconciliation. Cash balance per bank, October 31 $14,391 Note receivable collected by bank 4,306 Outstanding checks 7,664 Deposits in transit 5,297 Bank service charge 146 NSF check 2,231 Determine the cash balance per company records (before adjustment) on October 31. Oa. $12,024 Ob. $13,953 Oc. $10,095 Od. $27,352

Financial And Managerial Accounting
Financial And Managerial Accounting
15th Edition
ISBN:9781337902663
Author:WARREN, Carl S.
Publisher:WARREN, Carl S.
Chapter7: Internal Control And Cash
Section: Chapter Questions
Problem 21E
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Calculator Thompson Company gathered the following reconciling information in preparing its October bank reconciliation. Cash balance per bank, October 31 $14,391 Note receivable collected by bank 4,306 Outstanding checks 7,664 Deposits in transit 5,297 Bank service charge 146 NSF check 2,231 Determine the cash balance per company records (before adjustment) on October 31. Oa. $12,024 Ob. $13,953 Oc. $10,095 Od. $27,352 3:09 PM 10/23/2020 8.
Transcribed Image Text:Calculator Thompson Company gathered the following reconciling information in preparing its October bank reconciliation. Cash balance per bank, October 31 $14,391 Note receivable collected by bank 4,306 Outstanding checks 7,664 Deposits in transit 5,297 Bank service charge 146 NSF check 2,231 Determine the cash balance per company records (before adjustment) on October 31. Oa. $12,024 Ob. $13,953 Oc. $10,095 Od. $27,352 3:09 PM 10/23/2020 8.
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