Business
Business, 18.03.2022 21:40, karsynraine8224

The cash balance in Eulerich, Inc.'s, October 31 general ledger is $76,500. The October bank statement sent by the bank indicates that Eulerich has a cash balance of $68,000 on October 31. Other information is as follows: (1) a deposit for $10,000 made on October 31 does not appear on the bank statement; (2) checks issued during October that have yet to clear the bank total $1,700; (3) bank service charges during October are $200. Based on the information contained in the October bank reconciliation, Eulerich's net income would (increase/decrease) by $ .

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The cash balance in Eulerich, Inc.'s, October 31 general ledger is $76,500. The October bank stateme...

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