Question

Oriole Company gathered the following reconciling information in preparing its August bank reconciliation: Cash balance per books, 8/31 $19800 Deposits in transit 950 Notes receivable and interest collected by bank 4880 Bank charge for check printing 100 Outstanding checks 12700 NSF check 1090 The adjusted cash balance per books on August 31 is $11780. $10790. $24440. $23490.

Answer 1

$23490

Step-by-step explanation:

Update the Cash Book by recording the items that appear in the Bank Reconciliation Statement and not in the Cash Book.

Cash Book

Debit :

Balance before adjustments $19,800

Notes receivable and interest $4,880

Totals $24,680

Credit :

Bank charge $100

Dishonored check $1,090

Balance (adjusted) $23,490

Totals $24,680