The following information is related to the bank reconciliation of the Acme Company: Balance per bank statement $1,951.20 Balance per ledger 1,869.60
The following information is related to the bank reconciliation of the Acme
Company:
| Balance per bank statement | $1,951.20 |
| Balance per ledger | 1,869.60 |
| Deposits in transit | 271.20 |
| Outstanding checks | 427.80 |
| NSF check | 61.20 |
| Service charges | 13.80 |
The adjusted/correct cash balance is _______________.Question 30 options:
| $1,794.60 |
| $1,719.60 |
| $1,638.00 |
| $1,713.00 |
| $1,876.20 |
SaveQuestion 31 (1 point)
In a bank reconciliation, deposits in transit should be _______________.Question 31 options:
| deducted from the balance per books |
| deducted from the balance per bank statement |
| added to the balance per ledger |
| added to the balance per bank statement |
| disregarded in the bank reconciliation |
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