Thompson Company gathered the following reconciling information in preparing its October bank reconciliation:
Cash balance per bank, October 31 $17,000
Note receivable collected by bank 4,800
Outstanding checks 6,500
Deposits in transit 3,000
Bank service charge 50
NSF check 2,300 Using the above information, determine the cash balance per books (before adjustments) for Thompson Company.
a. $11,050
b. $19,450
c. $15,950
d. $11,150
Already registered? Login
Not Account? Sign up
Enter your email address to reset your password
Back to Login? Click here