Solved

At April 30, Mareska Company Has the Following Bank Information

Question 215

Multiple Choice

At April 30, Mareska Company has the following bank information: cash balance per bank €6,100; outstanding checks €280; deposits in transit €550; credit memo for interest €10; bank service charge €20. What is Mareska's adjusted cash balance on April 30?


A) €6,360
B) €6,380
C) €5,830
D) €6,370

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q1: A bank reconciliation is generally prepared by

Q32: Internal control is most effective when several

Q88: In preparing a bank reconciliation outstanding checks

Q111: A bank may issue a credit memorandum

Q124: Blank checks<br>A) should be safeguarded.<br>B) should be

Q158: Storing cash in a company safe is

Q198: The _ of an asset should not

Q210: If the month-end bank statement shows a

Q211: A $100 petty cash fund has cash

Q217: Hemingway Company uses an imprest petty cash