CPA · Question 18 · Area II: Balance Sheet Accounts
In preparing its bank reconciliation for the month of April, Zelma Corp. has the following information:<br/>- Balance per bank statement, 4/30: $30,000<br/>- NSF check returned by bank: $500<br/>- Deposits in transit, 4/30: $2,000<br/>- Outstanding checks, 4/30: $4,000<br/>- Bank service charges: $50<br/><br/>What should be the adjusted cash balance per books at April 30?
Answer options:
$28,550
$32,000
$28,000
$27,450
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