Solved

Choclate Chews Company Gathered the Following Reconciling Information in Preparing

Question 178

Multiple Choice

Choclate Chews Company gathered the following reconciling information in preparing its August bank reconciliation:  Cash balance per books, 8/31$15,900 Deposits in transit 900 Notes receivable and interest collected by bank 8,400 Bank charge for check printing 120 Outstanding checks 12,000 NSF check 1,200\begin{array} { l r } \text { Cash balance per books, } 8 / 31 & \$ 15,900 \\\text { Deposits in transit } & 900 \\\text { Notes receivable and interest collected by bank } & 8,400 \\\text { Bank charge for check printing } & 120 \\\text { Outstanding checks } & 12,000 \\\text { NSF check } & 1,200\end{array} The adjusted cash balance per books on August 31 is


A) $10980.
B) $11880.
C) $22980.
D) $23880.

Correct Answer:

verifed

Verified

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

Related Questions