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30. The following information pertains to Ponce Company:

Question : 30. The following information pertains to Ponce Company: : 2429

30. The following information pertains to Ponce Company:

Cash balance per bank statement

$14,350

Cash balance per general ledger

15,080

Bank service charge

40

Deposits in transit to bank

1,800

Outstanding checks

1,310

NSF check returned by bank

200

Ponce should show the following reconciled cash balance from the bank reconciliation on its balance sheet:

Select one:

A. $13,540

B. $14,840

C. $16,110

D. $16,890

Solution
5 (1 Ratings )

Solved
Accounting 8 Months Ago 196 Views
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