In preparing its bank reconciliation for the month of April 2020, Henke, Inc. has the following information available. Balance per bank statement, 4/30/20 $102,420 NSF check returned with 4/30/20 bank statement 1,350 Deposits in transit, 4/30/20 15,000 Outstanding checks, 4/30/20 15,600 Bank service charges for April 60 What should be the correct balance of cash at April 30, 2020

$101,820

Explanation:

Bank reconciliation is a practice of reconciling the balance on the company;s cash book to the amount on the bank statement to discover any differences that might occur due to ant reason.

Henke Inc bank reconciliation statement for the month ended April 30 , 2020

Balance as per Bank statement                102,420

Add deposit in transit                                   15,000

                                                                      117,420

Deduct outstanding check                           (15,600)

Adjusted cash balance                                 101,820

answer; the correct answer should be (demonstrations); good luck

answercold,maybe nuclear war;