Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. if you could explain the question with the answer

If you could explain the question with the answer Acme, Inc.'s books show an ending...

60.1K

Verified Solution

Question

Accounting

If you could explain the question with the answer
Acme, Inc.'s books show an ending cash balance of $15,500 before preparing the bank reconciliation. Given the bank reconciliation shows outstanding checks of $4,100, deposits in transit of $3,100, NSF check of $210, and interest earned on the bank account of $120, the company's up-to-date ending cash balance equals:
A:$15,410.
B:$11,310.
C:$14,410.
D:$15,830.

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

Biology
1.2K views

(please do assignment ) topic : Structure, Function of Covid-19 and inhibition by designed medicines Research proposal must be contained 1....

Biology
1.2K views

discuss how Japan's health care policy would be a good policy moving forward in the United...

Biology
1.2K views

Choose the correct answer The best way to describe the fundamental meaning of due process...

Physics
1.2K views

10 For a prism kept in air it is found that for an angle of...

Physics
1.2K views

For the circuit shown in the diagram considering steady state 7 F A B C...

Physics
1.2K views

3 Zero 19 In the given network of capacitors the equivalent capacitance between points A...

Basic Math
1.2K views

Solve the equation for exact solutions over the interval [0, 21).7 cosx+14 cos x +...

Calculus
1.2K views

Problem 4 Let f x x log x 1 a Find the local and global...

Accounting
1.2K views

Braverman Company has two manufacturing departments-Finishing and Fabrication. The predetermined overhead rates in Finishing and...

Accounting
1.2K views

Joplin Company facturing costs were $10,010 and the fixed sellir Joplin Company Variable Costing Income...

Accounting
1.2K views

What does an average collection period of 30 days indicate for a company?

Accounting
1.2K views

Valerie's Market uses a perpetual inventory system when recording its cash payments and cash receipts....