Adler Company developed the following reconciling information in preparing its December bank reconciliation: $$\begin{array} { l r }
\text { Cash balance per bank, } 12 / 31 & \$ 24,000 \
\text { Note receivable collected by bank } & 12,000 \
\text { Outstanding checks } & 18,000 \
\text { Deposits in transit } & 9,000 \
\text { Bank service charges } & 150 \
\text { NSF check } & 2,400
\end{array}$$ Using the above information determine the cash balance per books (before adjustments) for the Adler Company.

Question

Adler Company developed the following reconciling information in preparing its December bank reconciliation: $$\begin{array} { l r } 
\text { Cash balance per bank, } 12 / 31 & \$ 24,000 \
\text { Note receivable collected by bank } & 12,000 \
\text { Outstanding checks } & 18,000 \
\text { Deposits in transit } & 9,000 \
\text { Bank service charges } & 150 \
\text { NSF check } & 2,400
\end{array}$$ Using the above information determine the cash balance per books (before adjustments) for the Adler Company.

Quizplus · Accepted Answer

The Answer of Adler Company developed the following reconciling information in preparing its December bank reconciliation: $$\begin{array} { l r } 
\text { Cash balance per bank, } 12 / 31 & \$ 24,000 \
\text { Note receivable collected by bank } & 12,000 \
\text { Outstanding checks } & 18,000 \
\text { Deposits in transit } & 9,000 \
\text { Bank service charges } & 150 \
\text { NSF check } & 2,400
\end{array}$$ Using the above information determine the cash balance per books (before adjustments) for the Adler Company.

Adler Company Developed the Following Reconciling Information in Preparing Its