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In preparing its bank reconciliation for the month of April 2021, Waterway, Inc. has available the following information. Balance per bank statement, 4/30/21 NSF check returned with 4/30/21 bank statement Deposits in transit, 4/30/21 Outstanding checks, 4/30/21 Bank service charges for April $41220 O $36120. O $34570. O $34620. 1500 10400 15500 50 What should be the adjusted cash balance at April 30, 2021?

In preparing its bank reconciliation for the month of April 2021, Waterway, Inc. has available the following information. Balance per bank statement, 4/30/21 NSF check returned with 4/30/21 bank statement Deposits in transit, 4/30/21 Outstanding checks, 4/30/21 Bank service charges for April $41220 O $36120. O $34570. O $34620. 1500 10400 15500 50 What should be the adjusted cash balance at April 30, 2021?

Principles of Accounting Volume 1
Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter8: Fraud, Internal Controls, And Cash
Section: Chapter Questions
Problem 5EB: The bank reconciliation shows the following adjustments. Deposits in transit: $526 Outstanding...
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In preparing its bank reconciliation for the month of April 2021, Waterway, Inc. has available the following information. Balance per bank statement, 4/30/21 NSF check returned with 4/30/21 bank statement Deposits in transit, 4/30/21 Outstanding checks, 4/30/21 Bank service charges for April $41220 O $36120. $34570. O $34620. O $36070. 1500 10400 15500 50 What should be the adjusted cash balance at April 30, 2021?
Transcribed Image Text:In preparing its bank reconciliation for the month of April 2021, Waterway, Inc. has available the following information. Balance per bank statement, 4/30/21 NSF check returned with 4/30/21 bank statement Deposits in transit, 4/30/21 Outstanding checks, 4/30/21 Bank service charges for April $41220 O $36120. $34570. O $34620. O $36070. 1500 10400 15500 50 What should be the adjusted cash balance at April 30, 2021?
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