Windham Company developed the following reconciling information in preparing its September bank reconciliation:

Using the above information, determine the cash balance per books (before adjustments) for Windham Company.

Question

Windham Company developed the following reconciling information in preparing its September bank reconciliation:

Using the above information, determine the cash balance per books (before adjustments) for Windham Company.

Quizplus · Accepted Answer

$24,000 cash balance per bank - $12,000 note collected by bank - $18,000 outstanding checks + $9,000 deposits-in-transit + $150 bank service charge + $3,000 NSF check = $6,150 cash balance per books (before adjustments).

Windham Company Developed the Following Reconciling Information in Preparing Its