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Principles of Accounting Volume 1: Financial Accounting Mitchell Franklin, Patty Graybeal, Dixon Cooper 1st EditionFind All Video Solutions for Your Textbook
![Select the best answer for the question. 15. The bank statement of July 31 for Walgreens showed a balance of 6,008.10, and the checkbook showed a balance of1,900.40. The bookkeeper of Walgreens noticed from the bank statement that the bank had collected a note for 666.66. There was a deposit in transit made on July 1 for1,100.10 along with the outstanding checks of 4,580.54. Check charges were39.40. What's the reconciled balance? OA. 2,527.66 B.5,272.66 C. 2,572.66 D.5,227.66 (9) Select the best answer for the question. 15. The bank statement of July 31 for Walgreens showed a balance of 6,008.10, and the checkbook showed a balance of1,900.40. The bookkeeper of Walgreens noticed from the bank statement that the bank had collected a note for 666.66. There was a deposit in transit made on July 1 for1,100.10 along with the outstanding checks of 4,580.54. Check charges were39.40. What's the reconciled balance? OA. 2,527.66 B.5,272.66 C. 2,572.66 D.5,227.66 (9)](https://i0.wp.com/www.numerade.com/static/loading.b2df72ce9ed3.gif)
Select the best answer for the question. 15. The bank statement of July 31 for Walgreens showed a balance of $6,008.10, and the checkbook showed a balance of $1,900.40. The bookkeeper of Walgreens noticed from the bank statement that the bank had collected a note for $666.66. There was a deposit in transit made on July 1 for $1,100.10 along with the outstanding checks of $4,580.54. Check charges were $39.40. What's the reconciled balance? OA. $2,527.66 B. $5,272.66 C. $2,572.66 D. $5,227.66
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Submitted by Erika W. Feb. 12, 2023
03:31 p.m.
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Solved on Dec. 31, 2023, 6:52 p.m.
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40 + $666.66 + $1,100.10 = $3,667.16.Then, subtract the outstanding checks and the check charges from the bank statement balance: $6,008.10 - $4,580.54 - $39.40 = $1,388.16.
40 + $666.66 + $1,100.10 = $3,667.16.Then, subtract the outstanding checks and the check charges from the bank statement balance: $6,008.10 - $4,580.54 - $39.40 = $1,388.16.
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Principles of Accounting Notes
Accounting for Decisions ACG 2021 Project Management MGS 8730 Financial Accounting ACCT 210 Accounting Theory ACTG 415 Intermediate Accounting IIACCT 2020
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