Jamison Company gathered the following reconciling information in preparing its June bank reconciliation: Cash balance per bank, June 30 $13,000 Note receivable collected by bank 4,000 7,000 2,500 35 Outstanding checks Deposits in transit Bank service charge. NSF check 1,900 Determine the cash balance per the company's records (before adjustments). Oa. $10.565 O b. $15,065 Oc. $6.435 O d. $8,065
Jamison Company gathered the following reconciling information in preparing its June bank reconciliation: Cash balance per bank, June 30 $13,000 Note receivable collected by bank 4,000 7,000 2,500 35 Outstanding checks Deposits in transit Bank service charge. NSF check 1,900 Determine the cash balance per the company's records (before adjustments). Oa. $10.565 O b. $15,065 Oc. $6.435 O d. $8,065
Chapter8: Fraud, Internal Controls, And Cash
Section: Chapter Questions
Problem 7EA: Using the following information, prepare a bank reconciliation. Bank balance: $3,678 Book balance:...
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