Carl Nickolas Company prepares bank reconciliations that adjust to the correct balance of cash, based on the following:

Determine the adjusted cash balance.

Name: Carl Nickolas Company prepares bank reconciliations that adjust to the correct balance of cash, based on the following: Determine the adjusted cash balance.
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Question

Carl Nickolas Company prepares bank reconciliations that adjust to the correct balance of cash, based on the following:

Determine the adjusted cash balance.

Quizplus · Accepted Answer

$19,794 unadjusted book balance + $3,300 note collected by bank - $162 bank service charge - $54 incorrectly recorded check - $492 NSF check = $22,386 adjusted cash balance.

Carl Nickolas Company Prepares Bank Reconciliations That Adjust to the Correct