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While Preparing the February 28th Bank Reconciliation for the Checking

Question 26

Multiple Choice

While preparing the February 28th bank reconciliation for the checking account for Willow, Inc., the accountant identified the following items: While preparing the February 28th bank reconciliation for the checking account for Willow, Inc., the accountant identified the following items:   In addition, Willow made an error in recording a customer's check; the amount was recorded in cash receipts as $150, while the bank correctly recorded the amount as $510. What amount will Willow report as its actual cash balance on February 28th? A)  $44,650 B)  $45,890 C)  $46,110 D)  $46,250 In addition, Willow made an error in recording a customer's check; the amount was recorded in cash receipts as $150, while the bank correctly recorded the amount as $510. What amount will Willow report as its actual cash balance on February 28th?


A) $44,650
B) $45,890
C) $46,110
D) $46,250

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