Question Content Area Rodgers Company gathered the following reconciling information in preparing its May bank reconciliation. Calculate the adjusted cash balance per books on May 31. Cash balance per books, 5/31 $3,000 Deposits in transit 200 Notes receivable and interest collected by bank 747 Bank charge for check printing 29 Outstanding checks 1,752 NSF check 186 a.$2,009 b.$947 c.$1,448 d.$3,532

Respuesta :

Based on the given entries, the adjusted cash balance per books on May 31 is $3,532.

What is the adjusted cash balance ?

This can be found as:

=  Cash balance per books + Notes receivable and interest collected by bank - Bank charges - NSF check

Solving gives:

= 3,000 + 747 - 29 - 186

= $3,532

In conclusion, option D is correct.

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