The Conner Companys August 31, 2014 cash balance on its books was $90,000. As of...
90.2K
Verified Solution
Link Copied!
Question
Accounting
The Conner Companys August 31, 2014 cash balance on its books was $90,000. As of August 31, outstanding checks total $44,000 and deposits in transit total $30,000. How much was Conners August 31, 2014 cash balance on Conners bank statement?
$76,000.
$90,000.
$13,000.
$104,000.
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!