Asked by Anton
The treasurer for Kent Enterprises was preparing a bank reconciliation as of October 31, 2010, when the following items were identified:
Cash balance per Kent's company records $32,800
Deposits in transit $4,300
Outstanding checks $2,200
Interest earned on the checking account $100
NSF check from Kent's customer $400
Kent's adjusted cash balance at October 31, 2010, is
1. $32,800
2. $32,500
3. $34,600
4. $34,900
Cash balance per Kent's company records $32,800
Deposits in transit $4,300
Outstanding checks $2,200
Interest earned on the checking account $100
NSF check from Kent's customer $400
Kent's adjusted cash balance at October 31, 2010, is
1. $32,800
2. $32,500
3. $34,600
4. $34,900
Answers
Answered by
mark
3. $34,600
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