The cash account shows a balance of $94000 before reconciliation. the bank statement does not include a deposit of $5500 made on the last day of the month. the bank statement shows a collection by the bank of $2300 and a customer’s check for $610 was returned because it was nsf. a customer’s check for $880 was recorded on the books as $1060, and a check written for $140 was recorded as $190. the correct balance in the cash account was

Adjusted cash balance:                 116,260 dollars

Explanation:

For the bank reconciliation we must adjust the cash account for mistakes and unknow information.

The company knows about the deposit in transit, we don't have to adjust for that.

The company didn't know about the bank collection of the customer account thus, this increase cash account.

Same occurs with the NSF but this time; cahs descreases.

Next, we need to adjsut for the mistakes:

as the customer check increases our cash and we record a higher value, the cash decreases

as the writtten check decreases our cash and we reocrd a higher value, the cash increases.

Cash account balance:                 94,000

bank collection from a customer:   2,300

NSF customer check:                         (610)

books mistake:

customer check 880 - 1,060 =           (180)

written check:     190 - 140    =              50    

Adjusted cash balance:                 116,260

answer; ///(d); determining who competes most closely   with whom evaluating whether industry driving forces and competitive pressure favor some strategic groups and hurt others, and ascertaining whether the profit potential of different strategic groups varies due to the strengths and weaknesses in each groups respective market positions;

answer; microeconomics;