On October 31, 2018, the bank statement shows that your company has $14,656.73 in its checking account. You are aware of three outstanding checks that total of $4,662.19. During October, 2018, the bank rejected two deposited checks from customers totaling $ 1,079.19 because of insufficient funds and charged you $46.00 in service fees. You had not yet received notice about the bad checks, but you were aware of and have recorded the $46.00 of service fees. Prior to adjustment on October 31, 2018, your Cash account would have a balance of: (Round your answer to 2 decimal places.)
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Home » Business » On October 31, 2018, the bank statement shows that your company has $14,656.73 in its checking account. You are aware of three outstanding checks that total of $4,662.19.