Cardinal Company's bank howed a ba 31, what balance should Cardinal's Cash account show? $276.640 DOW SOS ONNOS ocesos IVORCOLS buy bueno que passa a

Quickbooks Online Accounting
3rd Edition
ISBN:9780357391693
Author:Owen
Publisher:Owen
Chapter8: Budgets And Bank Reconciliations
Section: Chapter Questions
Problem 4.5C
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Cardinal Company's bank statement showed a balance at May 31 of $206,400. The only reconciling items consisted of a large number of outstanding checks totaling $70.240. At May
31, what balance should Cardinal's Cash account show?
Multiple Choice
O
$276.640
$206,400
$120.00
$65.920
16
Transcribed Image Text:Cardinal Company's bank statement showed a balance at May 31 of $206,400. The only reconciling items consisted of a large number of outstanding checks totaling $70.240. At May 31, what balance should Cardinal's Cash account show? Multiple Choice O $276.640 $206,400 $120.00 $65.920 16
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