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Cyprus, Inc

Question 2

Multiple Choice

Cyprus, Inc.'s June bank statement shows a June 30 balance of $27,150. Prior to reconciliation, its books show a cash balance of $27,630. The information below pertains to Cyprus:
Cyprus, Inc.'s June bank statement shows a June 30 balance of $27,150. Prior to reconciliation, its books show a cash balance of $27,630. The information below pertains to Cyprus: The reconciled cash balance at June 30 on the bank reconciliation should be: A) $30,300 B) $28,560 C) $28,020 D) $27,810

The reconciled cash balance at June 30 on the bank reconciliation should be:


A) $30,300
B) $28,560
C) $28,020
D) $27,810

Correct Answer:

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