Problem 166 Benson Plastics Company deposits all receipts and makes all payments by check. The...
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Problem 166 Benson Plastics Company deposits all receipts and makes all payments by check. The following information is available from the cash records: MARCH 31 BANK RECONCILIATION Balance per bank Add: Deposits in transit Deduct: Outstanding checks Balance per books $26,800 2,060 (3,800) $25,060 Month of April Results Per Bank Per Books $27,890 $%27,290 13,820 10,020 Balance April 30 April deposits April checks April note collected (not included in April deposits) April bank service charge April NSF check of a customer returned by the bank (recorded by bank as a charge) 11,830 11,340 3,090 40 880 0 0 0 Calculate the amount of the April 30: 1. Deposits in transit 2. Outstanding checks What is the April 30 adjusted cash balance? Adjusted cash balance Click if you would like to Show Work for this question: en Show Work
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