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24 October, 01:45

Thompson Company's ending cash balance is $950, before adjusting items. The only adjusting items were: $25 service charge NSF check for $200. $300 deposit is in transit outstanding checks total $450. What was Thompson Company's unadjusted bank balance on the bank statement?

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  1. 24 October, 04:16
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    What was Thompson Company's unadjusted bank balance on the bank statement?

    Bank Balance 1275

    Explanation:

    Ending cash balance 950

    Service charge - 25

    NSF Check 200

    Deposit is in transit - 300

    Oustandings checks 450

    Bank Balance 1275
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