Wildhorse Co. gathered the following reconciling information in preparing its August bank reconciliation: Cash balance per books, 8/31$30200 Deposits in transit1300 Notes receivable and interest collected by bank7300 Bank charge for check printing170 Outstanding checks17300 NSF check1470 The adjusted cash balance per books on August 31 is

Respuesta :

Answer:

$35,860

Explanation:

The adjusted cash balance per books on August 31 is calculated as;

= $30,200 cash balance per books + $7,300 notes receivable and interest collected by bank - $170 bank charge for check printing - $1,470 NSF check

= $35,860.

Therefore, the adjusted cash balance per books on August 31 is $35,860