Which of the following would be added to the balance per bank on a bank reconciliation?
Question 15
Notification by the bank that a deposited customer check was returned NSF requires that the company make the following adjusting entry:
Question 16
Clark Company developed the following reconciling information in preparing its September bank reconciliation:
Cash balance per bank, 9 / 30 $ 30,800 Note receivable collected by bank 16,800 Outstanding checks 25,200 Deposits in transit 12,600 Bank service charge 210 NSF check 3,360
Using the above information, determine the cash balance per books( before adjustments) for the Clark Company.
Question 17
Of the following employees, who should prepare the bank reconciliation?
Question 18
In the month of May, Lopat Company Inc. wrote checks in the amount of $ 55,500. In June, checks in the amount of $ 75,948 were written. In May, $ 50,808 of these checks were presented to the bank for payment, and $ 65,298 in June. What is the amount of outstanding checks at the end of May?