Ayayai Corp. assembled the following information in completing its March bank reconciliation: $12230 2520 4040...

60.1K

Verified Solution

Question

Accounting

image

Ayayai Corp. assembled the following information in completing its March bank reconciliation: $12230 2520 4040 Balance per bank Outstanding checks Deposits in transit NSF check Bank service charge Cash balance per books 276 95 14040 As a result of this reconciliation, Ayayai will O reduce its cash account by $371. reduce its cash account by $1520. O reduce its cash account by $95. O increase its cash account by $181

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students