Multiple Choice
At June 30, Mareska Company has the following bank information: cash balance per bank €7,200; outstanding checks €560; deposits in transit €1,100; credit memo for interest €20; bank service charge €40.What is Mareska's adjusted cash balance on June 30?
A) €7,720
B) €7,760
C) €6,660
D) €7,740
Correct Answer:

Verified
Correct Answer:
Verified
Q91: Rainey Company wrote checks totaling $8,540 during
Q92: To obtain maximum benefit from a bank
Q124: Tayler Company wrote checks totaling $25,620 during
Q164: Compensating balances are a restriction on the
Q170: Fairly Company gathered the following reconciling information
Q180: For efficiency of operations and better control
Q184: A debit balance in Cash Over and
Q186: In general documents should be prenumbered and
Q187: Cash registers are an important internal control
Q209: A deposit made by a company will