Multiple Choice
While preparing the February 28th bank reconciliation,the accountant identified the following items:
In the process of preparing the reconciliation,the accountant discovered an error in recording a customer's check;the amount was incorrectly recorded on the books as a cash receipt of $600,while the bank correctly recorded the amount as $650.What is the company's adjusted cash balance on February 28th?
A) $22,250
B) $21,700
C) $22,200
D) $22,150
Correct Answer:

Verified
Correct Answer:
Verified
Q9: Which of the following items would not
Q10: Dance Town Academy The items listed
Q11: Dance Town Academy The items listed
Q12: Which internal control activity is followed when
Q16: During April,Downtown Iron Works engaged in
Q18: While preparing a bank reconciliation,which of the
Q89: If a company erroneously records a $500
Q107: A debit memo may be issued in
Q161: If a company hires honest employees and
Q202: Which of the following procedures is incorrect