Given the following information, determine the adjusted cash balance per books from the following information: a. Balance per books as of June 30, $8,600. b. Outstanding checks, $820. c. NSF check returned with bank statement, $130. d. Deposit mailed the afternoon of June 30, $300. e. Check printing charges, $30. f. Interest earned on checking account, $12.

Respuesta :

Answer:

The adjusted cash balance per books is $8,452

Explanation:

The calculation of adjusted cash balance per books is shown below:

=  Balance per books + Interest earned on checking account - NSF check returned with bank statement - Check printing charges

= $8,600 +  $12 - $130 - $30

= $8,452

Other costs like Deposit mailed the afternoon and Outstanding checks are irrelevant while calculation.

Thus, the adjusted cash balance per books is $8,452.