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The Balance in Jahapp Inc

Question 59

Multiple Choice

The balance in Jahapp Inc.'s Cash account was $6,320 at April 30, 2019 before reconciliation.The April 30, 2019 balance shown in the bank statement was $4,590.Reconciling items included deposits in transit, $2,600; bank service charges, $140; outstanding checks, $950; and interest credited to the bank account during the month but not recorded on the company's books, $60.The reconciled balance at April 30, 2019 is:


A) $6,100.
B) $6,240.
C) $6,380.
D) $7,190.

Correct Answer:

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