30. (9 points)
The unadjusted cash account balance for Simone Company at December 31, 2019 is
$54,200. The bank statement showed an ending balance of $56,447 at December 31, 2019. The following information is available:
Bank service charge $ 45
Outstanding checks $ 10,400
NSF check from customer $ 540
Deposit in transit $ 7,600
Interest earned $ 32
make a bank reconciliation for December 31, 2019.
(2) What amount will be shown on the Balance Sheet for Cash at December 31, 2019?
PLEASE NOTE: Add interest earned and subtract bank charges and NFS cheque to obtain adjusted... View the full answer