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12345 [234]
3 years ago
8

the month-end bank stataement of der torossian incorporated shows a balance of 36,500, deposits in transit are 6500 outstanding

checks are 12000. there also shows a credit memo of 1,000 for the interest income collected on a note recievable. the adjusted balance per bank at month end is
Business
1 answer:
guapka [62]3 years ago
7 0

Answer:

$31,000

Explanation:

Calculating the adjusted balance per bank at month end.

Details                                         Amount

Unadjusted Balance                   $36,500

Add: Deposits in Transit             $6,500

Less: Outstanding Checks         <u>$12,000</u>

Adjusted Balance                       <u>$31,000</u>

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