Jamison Company gathered the following reconciling information in preparing its June bank reconciliation: Cash balance per bank, June 30 $13,000 Note receivable collected by bank 4,000 7,000 2,500 35 Outstanding checks Deposits in transit Bank service charge. NSF check 1,900 Determine the cash balance per the company's records (before adjustments). Oa. $10.565 O b. $15,065 Oc. $6.435 O d. $8,065

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
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Chapter8: Fraud, Internal Controls, And Cash
Section: Chapter Questions
Problem 7EA: Using the following information, prepare a bank reconciliation. Bank balance: $3,678 Book balance:...
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Rakesh 

Jamison Company gathered the following reconciling information in preparing its June bank reconciliation:
Cash balance per bank, June 30
$13,000
Note receivable collected by bank
4,000
7,000
2,500
35
Outstanding checks
Deposits in transit
Bank service charge
NSF check
1,900
Determine the cash balance per the company's records (before adjustments).
O a. $10.565
Ob. $15,065
Oc. $6,435
Od. $8,065
Transcribed Image Text:Jamison Company gathered the following reconciling information in preparing its June bank reconciliation: Cash balance per bank, June 30 $13,000 Note receivable collected by bank 4,000 7,000 2,500 35 Outstanding checks Deposits in transit Bank service charge NSF check 1,900 Determine the cash balance per the company's records (before adjustments). O a. $10.565 Ob. $15,065 Oc. $6,435 Od. $8,065
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