Business, 17.10.2019 23:30 lberman2005p77lfi
On september 30, the bank statement of fine company showed a balance of $8,900. the following information was revealed by comparing the bank statement to the cash balance in fine's accounting records: (1) deposits in transit amounted to $3,750 (2) outstanding checks amounted to $7,120 (3) a $610 check was incorrectly drawn on fine's account (4) nsf checks returned by the bank were $890 (5) bank service charge was $33 (6) credit memo for $105 for the collection of one of the company's account receivable based on the above information, the true cash balance was:
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On september 30, the bank statement of fine company showed a balance of $8,900. the following inform...
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