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Unformatted text preview: $800 Cash $800 July 31 Miscellaneous Expense $15 Cash $15 July 31 Rent Expense $20 Cash $20 Part 3 a. Unadjusted cash balance of $26,193 is listed on reconciliation as $26,139 b. Collection of $9,000 note less $45 collection fee is added to bank statement cash balance on reconciliation. a. No effect on the adjusted bank statement cash balance - $54 understatement of the adjusted cash account book balance. b. $8,955 overstatement on the adjusted bank statement cash balance - $8,995 understatement on the adjusted cash account book balance....
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- Spring '09