In preparing its August 31, 2022 bank reconciliation, Aquinas Corp. has available the following information:...
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Accounting
In preparing its August 31, 2022 bank reconciliation, Aquinas Corp. has available the following information:
Balance per bank statement, 8/31/22 $21,650
Deposit in transit, 8/31/22 3,900
Return of customer's check for insufficient funds, 8/30/22 600
Outstanding checks, 8/31/22 2,750
Bank service charges for August 100
At August 31, 2022, Aquinas Corp.'s correct cash balance is
Select one:
a.
$22,800.
b.
$22,200.
c.
$22,100.
d.
$20,500.
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