What is the adjusted cash balance at the end of the month


Flynn Company's monthly bank statement showed the ending balance of cash of $22,750. The bank reconciliation for the period showed an adjustment for a deposit in transit of $2,300, outstanding checks of $3,250, a NSF check of $870, bank service charges of $30 and the EFT from a customer in payment of the customer's account of $1,670. What is the adjusted cash balance at the end of the month?

Request for Solution File

Ask an Expert for Answer!!
Accounting Basics: What is the adjusted cash balance at the end of the month
Reference No:- TGS0687444

Expected delivery within 24 Hours