5 ete t of 1.00 estion The accountant for Pardy Inc. gathered the following info

Question

5 ete t of 1.00 estion The accountant for Pardy Inc. gathered the following information to prepare the December 31, 20x3 bank reconciliation: 1. Cheques amounting to $6298 are outstanding at December 31 2. The December 31, 20x3 deposit of $2444 had not beern received by the bank in time to be included in the December bank statement 3. The bank charged the company $223 for monthly standard service charges and have not yet been recorded by the company 4. The company recorded a $3700 cheque in payment of an account payable incorrectly as $6373 5·The balance in Pardy Inc.'s cash account according to its accounting records was $9915 What is the adjusted cash balance per books? Select one: O a. S9692 b. $12811 c. $7019 d. $12365 Check

Explanation / Answer

Cash balance per books 9915 Service charge -223 Error in recording 2673 =6373-3700 Adjusted cash balance per books 12365 Option D is correct

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