Given the following April data per bank: 3/31 balance $100 April receipts $40 April disbursements $30 4/30 balance $110 Reconciling Items: 1. 4/30 Deposit in transit $7 2. 3/31 Outstanding checks $4 3. 3/31 Collection by bank $2 April Receipts per books were: Select one: a. $39 b. $49 c. $35 d. $45 e. $31

Given the following April data per bank: 3/31 balance $100 April receipts $40 April disbursements $30 4/30 balance $110 Reconciling Items: 1. 4/30 Deposit in transit $7 2. 3/31 Outstanding checks $4 3. 3/31 Collection by bank $2 April Receipts per books were: Select one: a. $39 b. $49 c. $35 d. $45 e. $31

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

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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