Madrid Consulting, Inc Madrid Consulting, Inc prepared a bank reconciliation as of March 31, 2011. The following items were identified. Madrid's bank statement balance $31,400 Unadjusted cash balance from Madrid's records ? Deposit in transit 1,800 Outstanding checks 4,500 Bank service charges 100 Interest earned on the bank account 85 Customer's NSF check returned by the bank 450 Refer to the
information provided for Madrid Consulting, Inc What is Madrid's adjusted cash balance at March 31st?
A) $28,700
B) $29,165
C) $28,300
D) $29,600
A
You might also like to view...
Chloroplasts are capable of performing photosynthesis which is the most common anabolic process on the planet.
Answer the following statement true (T) or false (F)
When a movie theater charges a lower ticket fee for children and senior citizens, it is engaging in ________ pricing
A) product-form B) image C) customer-segment D) location E) time
When doing an account reconciliation, interest earned on your account should be:
A. deducted from your checkbook ledger. B. added to your checkbook ledger. C. ignored because the bank has already recorded it. D. listed as outstanding. E. treated like a loan.
Dylan is anticipating the audience for a report he is writing. What question should he ask during this stage of the writing process?
A) What do my readers need to know about this topic? B) How will my readers react to the information in my report? C) What is the educational level of my readers? D) Dylan should ask all these questions about her audience.