Coronado Company developed the following reconciling information in preparing its September bank reconciliation: ...

50.1K

Verified Solution

Question

Accounting

Coronado Company developed the following reconciling information in preparing its September bank reconciliation:

Cash balance per bank, 9/30 $7900
Note receivable collected by bank 3300
Outstanding checks 3290
Deposits in transit 2500
Bank service charge 45
NSF check 677

Using the above information, determine the cash balance per books (before adjustments) for the Coronado Company.

A.$4532

B.$7110

C.$11710

D.$9655

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students