Blossom Company gathered the following reconciling information in preparing its August bank reconciliation:Cash balance per books, 8/31 $33000Deposits in transit 1400Notes receivable and interest collected by bank 8000Bank charge for check printing 190Outstanding checks 18900NSF check 1600The adjusted cash balance per books on August 31 is

There are 2 components of a bank reconciliation, namely bank balance and book balance. Both balances…

Answered: Blossom Company gathered the following…

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter8: Fraud, Internal Controls, And Cash

Section: Chapter Questions

Problem 9EA: Using the following information, prepare a bank reconciliation. Bank balance: $4,587 Book balance:...

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Blossom Company gathered the following reconciling information in preparing its August bank reconciliation:

Cash balance per books, 8/31		$33000
Deposits in transit		1400
Notes receivable and interest collected by bank		8000
Bank charge for check printing		190
Outstanding checks		18900
NSF check		1600

The adjusted cash balance per books on August 31 is

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