The accountant for Darden Corp. was preparing a bank reconciliation as of April 30, 2014. The following items were identified: In addition, Darden made an error in recording a customer's check; the amount was recorded in cash receipts as
$150; the bank recorded the amount correctly as $510. What amount will Darden report as its adjusted cash balance at April 30, 2014?

Question

The accountant for Darden Corp. was preparing a bank reconciliation as of April 30, 2014. The following items were identified:  In addition, Darden made an error in recording a customer's check; the amount was recorded in cash receipts as
$150; the bank recorded the amount correctly as $510. What amount will Darden report as its adjusted cash balance at April 30, 2014?

Quizplus · Accepted Answer

The Answer of The accountant for Darden Corp. was preparing a bank reconciliation as of April 30, 2014. The following items were identified:  In addition, Darden made an error in recording a customer's check; the amount was recorded in cash receipts as
$150; the bank recorded the amount correctly as $510. What amount will Darden report as its adjusted cash balance at April 30, 2014?

The Accountant for Darden Corp