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Koffoed, Inc All Reconciling Items at March 31, 2022 Cleared the Bank

Question 90

Multiple Choice

Koffoed, Inc. had the following bank reconciliation at March 31, 2022: Balance per bank statement, 3/31/22 $37,200Add: Deposit in transit 6,20043,400Less: Outstanding checks 7,600Balance per books, 3/31/22 $35,800Data per bank for the month of April 2022 follow:  Deposits $47,600 Disbursements 47,900\begin{array}{lr}\text {Balance per bank statement, 3/31/22 }&\$37,200\\\text {Add: Deposit in transit }&6,200\\&43,400\\\text {Less: Outstanding checks }&7,600\\\text {Balance per books, 3/31/22 }&\$35,800\\\\\text {Data per bank for the month of April 2022 follow: }\\\text { Deposits } & \$ 47,600 \\\text { Disbursements } & 47,900\end{array} All reconciling items at March 31, 2022 cleared the bank in April. Outstanding checks at April 30, 2022 totaled $7,000. There were no deposits in transit at April 30, 2022. What is the cash balance per bank at April 30, 2022?


A) $28,500
B) $35,500
C) $29,800
D) $32,800

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