Business, 07.05.2021 04:10, angiebailey1605
In preparing its August 31, 2020 bank reconciliation, Vaughn Manufacturing has available the following information:
Balance per bank statement, 8/31/20 $25750
Deposit in transit, 8/31/20 3480
Return of customer's check for insufficient funds, 8/30/20 600
Outstanding checks, 8/31/20 2760
Bank service charges for August 100
At August 31, 2020, Vaughn's correct cash balance is :
a. $25030.
b. $25770.
c. $26470.
d. $25870.
Answers: 3
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In preparing its August 31, 2020 bank reconciliation, Vaughn Manufacturing has available the followi...
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