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Brad's Market's Accountant Is Preparing Its May Bank Reconciliation and Has

Question 108

Multiple Choice

Brad's Market's accountant is preparing its May bank reconciliation and has collected the following data:
Brad's Market's accountant is preparing its May bank reconciliation and has collected the following data:     Additionally, deposits in transit and outstanding checks from April's reconciliation were $4,400 and $2,800, respectively. The correct balance for cash at May 31 should be A)  $10,960 B)  $12,780 C)  $11,180 D)  $13,980
Additionally, deposits in transit and outstanding checks from April's reconciliation were $4,400 and $2,800, respectively. The correct balance for cash at May 31 should be


A) $10,960
B) $12,780
C) $11,180
D) $13,980

Correct Answer:

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