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0. Lao Shu Company gathered the following reconciling information in preparingis Jaly reconciliation: Cash balance per books, 7/31 Deposits in transit Notes receivable and interest ollected by bank Bank charge for check prin Outstanding checks NSF check The Adjusted Book Balance on July 31 is A) $6,160. B) $6,010. C) $4,310. D) $4,460. $5,500 150 850 2,000 170 11. Lao Shi Company gathered the following reconciling information in preparing its August bank reconciliation: Cash balance per books, 8/31 Deposits in transit Notes receivable and interest collected by bank Bank charge for check printing Outstanding checks NSF check The Adjusted Book Balance on August 31 is A) $8,320. B) $8,020. C) $4,620. D) $4,920. $7,000 300 1,700 40 4,000 340 12. Fowler Company on July 15 sells merchandise on account to Coffey Co. for $1,500, terms 2/10, n/30. On July 20, Coffey Co. returns merchandise worth $600 to Fowler Company. On July 24 payment is received from Coffey Co. for the balance due. What is the amount of cash received? A) $900 B) $882 C) $870 D) $1,500 13. Allowance for Doubtful Accounts (ADA) on the balance sheet A) B) C) D) is offset against Total Current Assets. increases the Net Cash Realizable Value of Accounts Receivable. appears under the heading "Other Assets," is offiet as a contra account against Accounts Reccivable (A/R)

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