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Accounting I problem

In preparing its bank reconciliation for the month of April, 2012, Delano, Inc. has availale teh following infor:
balance per bank statement 4/30/2012 $39,300
NSG check returned with 4/30/2012 bank statement $470
deposits in transit, 4/30/12 $5,000
outstanding checks, 4/30/12 $5,200
bank service charges for April $30

What should be the adjusted cash balance at April 30, 2012?
a) $38,630
b) $38,800
c) 39,010
d) 39,100
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Answer #1

Bal per bank stmt 39,300
Add: Dep In Transit 5,000
Total 44,300
Less: Outstanding Chks 5,200
Adjusted Bala per bank 39,100 (d) answer

answered by: alpho
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