Math

posted by .

The treasurer for Kent Enterprises was preparing a bank reconciliation as of October 31, 2010, when the following items were identified:

Cash balance per Kent's company records $32,800
Deposits in transit $4,300
Outstanding checks $2,200
Interest earned on the checking account $100
NSF check from Kent's customer $400

Kent's adjusted cash balance at October 31, 2010, is

1. $32,800
2. $32,500
3. $34,600
4. $34,900

  • Math -

    3. $34,600

Respond to this Question

First Name
School Subject
Your Answer

Similar Questions

  1. accounting

    Can anyone let me know if I have these correct and if not what am I doing wrong. 1. For each of the following items, indicate whether its amount (i) affects the bank or book side of a bank reconciliation and (ii) represents an addition …
  2. acc

    Can anyone let me know if I have these correct and if not what am I doing wrong. 1. For each of the following items, indicate whether its amount (i) affects the bank or book side of a bank reconciliation and (ii) represents an addition …
  3. accounting

    Can anyone let me know if I have these correct and if not what am I doing wrong. 1. For each of the following items, indicate whether its amount (i) affects the bank or book side of a bank reconciliation and (ii) represents an addition …
  4. math

    On May 31, 2011, James Logan Company had a cash balance per books of $6,781.50. The bank statement from Farmers State Bank on that date showed a balance of $6,404.60. A comparison of the statement with the cash account revealed the …
  5. business

    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 …
  6. I need help answering this Accounting question!?

    Bluejay Corp. prepared a bank reconciliation as of July 31, 2009. The following items were identified: Bluejay's bank statement balance: $14,300 Deposit in transit: 1,000 Outstanding checks: 1,300 Bank service charges: 50 Customer's …
  7. accounting

    •The Bank Account as a control device that helps to protect cash. One of the requirements is to conduct periodic bank statement reconciliations. Using the following data, complete a bank statement reconciliation or EEE Electric for …
  8. math

    Problem 6-1 Bank Reconciliation The following information is available to assist you in preparing a bank reconciliation for Calico Corners on May 31, 2012: a. The balance on the May 31, 2012, bank statement is $8,432.11. b. Not included …
  9. Accounting (Please Help)

    Acme, Inc.'s books show an ending cash balance of $14,500 before preparing the bank reconciliation. Given the bank reconciliation shows outstanding checks of $3,900, deposits in transit of $2,900, NSF check of $190, and interest earned …
  10. Math

    The cash records of Oriole Inc. show the following situations: Deposits in transit: 1. The June 30 bank reconciliation indicated that deposits in transit total $2,040. During July, the general ledger account Cash shows deposits of …

More Similar Questions