Grier Food Store used the following information in recording its bank reconciliation for the monthof April.Balance per books April 30 $905Balance per bank April 30 $11,300 (1) Checks written in April but still outstanding$9,100. (2) Deposits of April 30 not yet recorded by bank$4,900.(3) NSF check of customer returned by bank$500.(4) Check No. 210 for $594 was correctly issuedand paid by bank but incorrectly entered inthe cash payments journal as payment onaccount for $549.(5) Bank service charge for April was $40.(6) A payment on account was incorrectlyentered in the cash payments journal andposted to the accounts payable subsidiaryledger for $824 when Check No. 318 wascorrectly prepared for $284. The check clearedthe bank in April.(7)The bank collected a note receivable for thecompany of $6,000 plus $240 interest revenue.ANSWER: Adjusted cash balance
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