Using the following information, determine the adjusted cash balance per bank for Santa’s Packaging on November 30.

Cash balance on the bank statement
$2,350
Customer’s check returned—NSF
500
Customer’s note collected by the bank
600
Deposits in transit, November 30
1,400
Outstanding checks, November 30
2,650

B. $1,100
C. $1,550

Question

Using the following information, determine the adjusted cash balance per bank for Santa’s Packaging on November 30. 

Cash balance on the bank statement
$2,350
Customer’s check returned—NSF
500
Customer’s note collected by the bank
600
Deposits in transit, November 30
1,400
Outstanding checks, November 30
2,650
	
  B. $1,100 	
  C. $1,550

anonymous · Answer

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