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Business, 10.11.2019 03:31 BlueDiamond4820
The following information was taken from the bank reconciliation for mooner sooner inc. at the end of the year:
bank balance: $9,000
checks outstanding: $7,800
note collected by the bank: $1,300
service fee: $21
deposits outstanding: $4,600
nsf check (bad check) returned for $470
what is the correct cash balance that should be reported in mooner sooner's balance sheet at the end of the year?
$5,779
$8,530
$9,830
$5,800
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Answers: 1
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