Business, 12.03.2020 00:53 Andinojose
Marjorie Company's cash balance per the books at the end of the month was $ 6 comma 500. After comparing the company's records with the monthly bank statement, Marjorie's accountant identified the following reconciling items: outstanding checks, $800; deposits in transit, $700; bank service charge, $ 10; and NSF check, $ 300. The bank collection of a note receivable was $ 1 comma 400 plus interest of $ 150. There also was an EFT payment of $ 170. What is the adjusted book balance at the end of the month?
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Marjorie Company's cash balance per the books at the end of the month was $ 6 comma 500. After compa...
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