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When preparing the bank reconciliation for Mac's
Flower Shoppe, the following items were noted by
the accountant on the bank statement for June:
Deposits in transit $1,430; Outstanding checks $580;
Bank service charges $76; and a NSF check returned
by the bank $200. What is the adjusted cash balance
per the books if the accounting records initially
showed a balance of $2,100 on June 30?

Respuesta :

Tundexi

Answer:

$1,824

Explanation:

  Adjusted cash balance per the books

Previous balance                    $2,100

Less: Bank charges                $76

         Cancelled NF Check    $200

Adjusted cash balance          $1,824

Thus, the adjusted cash balance  per the books if the accounting records initially showed a balance of $2,100 on June 30 is $1,824

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