53 PM/ Remaining: 77 min CALCULATOR FULL SCREEN PRINTER VERSTON Question 8 whisp

Question

53 PM/ Remaining: 77 min CALCULATOR FULL SCREEN PRINTER VERSTON Question 8 whispering Winds Corp. assembled the following information in completing its March bank reconciliation: Balance per bank $13088 Outstanding checks $2280 $3700 $236 $70 Cash balance per books $12950 Deposits in transit NSF check Bank service charge As a result of this reconciliation, Whispering will O increase its cash account by $166 O reduce its cash account by $1420. O reduce its cash account by $306 O reduce its cash account by $70. Click if you would like to Show Work for this question: Open Show Work Question Attempts: 0 of 1 used SAVE FOR LATER SUBMIT ANSY Privacx.Policy 1?2000-2018 lehn.wileyasos.ins. Al Rights Reserved. A Division of JohnyityAsendos MacBook Ai FS i F7 2

Explanation / Answer

The answer is " reduce its cash account by $306 "

Total Reduction in cash account balance = 236 + 70 = $306

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