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May 25, 2015

Homework Help: business

Posted by vivian on Tuesday, October 26, 2010 at 1:59am.

Tavarez Company assembled the following information in completing its July bank reconciliation: balance per bank $15,280; outstanding checks $3,100; deposits in transit $5,000; NSF check $320; bank service charge $100; cash balance per books $17,600. As a result of this reconciliation, Tavarez will


reduce its cash account by $100.

reduce its cash account by $420.

reduce its cash account by $1,900.

increase its cash account by $220.

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