The following information is needed to reconcile the cash balance for Fire Steel Inc.
- What was the adjusted book balance?

Question

The following information is needed to reconcile the cash balance for Fire Steel Inc. 
- What was the adjusted book balance?

Quizplus · Accepted Answer

Without knowing the additional information regarding any deposits or withdrawals, the adjusted book balance must be used to reconcile the cash balance. This information is not provided directly in the question, but it can be found in the image provided (11ea84d1_112d_63b9_83dc_1d401955a881_TB3006_00) by accessing the company's accounting records. From the image, it can be determined that the adjusted book balance is $18,700, so choice C is the correct answer.

The Following Information Is Needed to Reconcile the Cash Balance