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Additionally, a $57 check written and recorded by the company correctly, was recorded by the bank as a $75 deduction. The adjusted cash balance per the bank records should be:
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Additionally, a $57 check written and recorded by the company correctly, was recorded by the bank as a $75 deduction. The adjusted cash balance per the bank records should be:

User Vijay Sahu
by
5.2k points

1 Answer

4 votes

Answer: $32,744

Step-by-step explanation:

To find out the balance as per the bank records;

= Unadjusted book balance + Deposits in transit + error in bank record - Outstanding checks

= 30,361 + 3,850 + (75 - 57) - 1,485

= $32,744

Additionally, a $57 check written and recorded by the company correctly, was recorded-example-1
User Barsham
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