Calculate the adjusted cash balance per the books of XYZ Co. given the following information.  ItemAmountBalance per bank statement$600Balance per cash account book balance710Deposit in transit200Note collected by the bank on behalf of the depositor80Monthly bank charges40Outstanding checks50Multiple choice question.$990$630$750$950

Calculate the adjusted cash balance per books of ABC Co. given the following information.  ItemAmountBalance per bank statement$10,005Balance per cash account book balance9,500Deposit in transit300Interest earned on the depositor's balance55NSF check100Outstanding checks850Multiple choice question.$9,510$8,550$9,455$10,305

The bank reconciliation of XYZ Co. is provided below. Demonstrate the entries needed to update the Cash account in the general ledger by selecting the correct answers below. Bank Statement Balance$2,010Book Balance$2,200Add: Deposit in transit600Add: Note receivable collected by bank100Less: Outstanding checks370Less: Bank service charges60Multiple select question.Debit Note Receivable $100 and credit Cash $100.Debit Bank Service Charge Expense $60 and credit Cash $60.Debit Cash $600 and credit Revenues $600.Debit Cash $100 and credit Note Receivable $100.Debit Miscellaneous Expense $370 and credit Cash $370.

Identify the bank reconciliation items that would require adjustments to the book balance.Multiple select question.Interest earnedDeposits in transitCollection of note by bankBank chargesOutstanding checksNSF check

A company had a debit bank balance of R50,000 on 1 August 2017. During August, total payments were R640,000 and total receipts were R595,000. Bank charges of R15,000 had not yet appeared on the bank statement. What is the cash book balance at 31 August 2017?Group of answer choicesA. R10,000 balanceB. R5,000 balanceC. R5,000 overdrawnD. R10,000 overdrawn

A firm's bank reconciliation statement shows a book balance of $32,840, a non-interest note collected by the bank of 4,100, outstanding checks of $1,400, and a service charge of $100. Its adjusted book balance is: