Monty Sells is unable to reconcile the bank balance at January 31. Monty's reconciliation is...
50.1K
Verified Solution
Link Copied!
Question
Accounting
Monty Sells is unable to reconcile the bank balance at January 31. Monty's reconciliation is shown here. Cash balance per bank $4,340.20 Add: NSF check 300.00 Less: Bank service charge Adjusted balance per bank $4,609.20 31.00 Cash balance per books Less: Deposits in transit Add: Outstanding checks Adjusted balance per books $4,655.20 920.00 936.00 $4,671.20 (a) What is the proper adjusted cash balance por bank? (list items that increase cash balance fest. Round answers to 2 decimal places, es 52.75) Monty Bank Reconciliation
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!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.