Solved: Deposits in transit 276 credit memo for interest 47 bank, Accounting Basics

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Deposits in transit 276 credit memo for interest 47 bank

Question - At April 30, Bonita Company has the following bank information: cash balance per bank $2270; outstanding checks $397; deposits in transit $276; credit memo for interest $47; bank service charge $12. What is Bonita's adjusted cash balance on April 30?

$2270

$2305

$2149

$2208

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Accounting Basics: Deposits in transit 276 credit memo for interest 47 bank

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Accounting Basics: Deposits in transit 276 credit memo for interest 47 bank

Reference No:- TGS02623922

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