A company's Cash account shows an ending balance of $ 4 comma 200$4,200. Reconciling items included...
A company's Cash account shows an ending balance of
$ 4 comma 200$4,200.
Reconciling items included a bookkeeper error of
$ 80$80
(a
$ 550$550
check recorded as
$ 630$630),
two outstanding checks totaling
$ 820$820,
a service charge of
$ 20$20,
a deposit in transit of
$ 250$250,
and interest revenue of
$ 33$33.
What is the adjusted book balance?
Homework Answers
Calculate adjusted book balance :
| Unadjusted Book balance | 4200 |
| Add: Book keeping error | 80 |
| Add: Interest revenue | 33 |
| 4313 | |
| Less: Service charge | -20 |
| Adjusted Book balance | 4293 |
Add Answer to:
A company's Cash account shows an ending balance of
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Reconciling items included...
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