In preparing its bank reconciliation for the month of April 2021, Delano, Inc. has available the following information. $78,600 940 10,000 10,400 60 Balance per bank statement, 4/30/21 NSF check returned with 4/30/21 bank statement Deposits in transit, 4/30/21 Outstanding checks, 4/30/21 Bank service charges for April What should be the adjusted cash balance at April 30, 2021? $77,600. $77,260. $78,020. $78,200.
In preparing its bank reconciliation for the month of April 2021, Delano, Inc. has available the following information. $78,600 940 10,000 10,400 60 Balance per bank statement, 4/30/21 NSF check returned with 4/30/21 bank statement Deposits in transit, 4/30/21 Outstanding checks, 4/30/21 Bank service charges for April What should be the adjusted cash balance at April 30, 2021? $77,600. $77,260. $78,020. $78,200.
Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter6: Cash And Receivables
Section: Chapter Questions
Problem 11MC
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