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In preparing its bank reconciliation at December 31, Case Company has the following data available:
Balance per bank statement, 12/31$38,075
Deposit in transit, 12/315,200
Outstanding checks, 12/31 6,750
Amount erroneously credited by bank to Case’s account, 12/28 400
Bank service charges for December 75
Case’s adjusted cash in bank balance at December 31 is
A. $36,050
B. $36,450
C. $36,125
D. $36,525
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Answers: 1
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In preparing its bank reconciliation at December 31, Case Company has the following data available:...
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