On October 31, your company's records say that the company has $18,588.13 in its checking account. A review of the bank statement shows you have three outstanding checks totaling $7,403.37, and the bank has paid you interest of $20.24 and charged you $16.00 in service charges. The bank statement dated October 31, would report a balance of: (Round your answer to 2 decimal places.) Multiple Choice $11,189.00 $25,987.26. $11,180.52. $25,995.74.

On October 31, your company's records say that the company has $18,588.13 in its checking account. A review of the bank statement shows you have three outstanding checks totaling $7,403.37, and the bank has paid you interest of $20.24 and charged you $16.00 in service charges. The bank statement dated October 31, would report a balance of: (Round your answer to 2 decimal places.) Multiple Choice $11,189.00 $25,987.26. $11,180.52. $25,995.74.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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