Multiple Choice
Acme,Inc.'s books show an ending cash balance of $10,000 before preparing the bank reconciliation.Given the bank reconciliation shows outstanding checks of $3,000,deposits in transit of $2,000,NSF check of $100,and interest earned on the bank account of $10,the company's up-to-date ending cash balance equals:
A) $9,910
B) $6,910
C) $8,910
D) $10,110
Correct Answer:
Verified
Correct Answer:
Verified
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