At April 30, Kessler Company has the following bank information: $$\begin{array} { l r }
\text { Cash balance per bank } & \$ 6,900 \
\text { Outstanding checks } & \$ 420 \
\text { Deposits in transit } & \$ 825 \
\text { Credit memo for interest } & \$ 15 \
\text { Bank service charge } & \$ 30
\end{array}$$ What is Kessler's adjusted cash balance on April 30?

Question

At April 30, Kessler Company has the following bank information: $$\begin{array} { l r } 
\text { Cash balance per bank } & \$ 6,900 \
\text { Outstanding checks } & \$ 420 \
\text { Deposits in transit } & \$ 825 \
\text { Credit memo for interest } & \$ 15 \
\text { Bank service charge } & \$ 30
\end{array}$$ What is Kessler's adjusted cash balance on April 30?

Quizplus · Accepted Answer

The Answer of At April 30, Kessler Company has the following bank information: $$\begin{array} { l r } 
\text { Cash balance per bank } & \$ 6,900 \
\text { Outstanding checks } & \$ 420 \
\text { Deposits in transit } & \$ 825 \
\text { Credit memo for interest } & \$ 15 \
\text { Bank service charge } & \$ 30
\end{array}$$ What is Kessler's adjusted cash balance on April 30?

At April 30, Kessler Company Has the Following Bank Information