[The following information applies to the questions displayed below] The Cash ac

Question

[The following information applies to the questions displayed below] The Cash account in the ledger of Clear Windows shows a balance of $13,710 at September 30. The bank statement however, shows a balance of $16,703 at the same date. The only reconciling items consist of a bank service charge of $18, a large number of outstanding checks totaling $6,360, and a deposit in transit. Part 1 of 2 What is the adjusted cash balance in the September 30 bank reconciliation? 3.33 points Multiple Choice Print $16,685 $13,692. $10,343 $5,850.

Explanation / Answer

Adjusted cash balance in the september 30 bank reconciliation

Cash balance as per cash account $13710 - Bank service charges $18 = $13692

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