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
1 answer
3. $34,600