While preparing the February 28th bank reconciliation, the accountant identified the following items:
In the process of preparing the reconciliation, the accountant discovered an error in recording a customer's check; the amount was incorrectly recorded on the books as a cash receipt of $600, while the bank correctly recorded the amount as $650. What is the company's adjusted cash balance on February 28th?
A)$22,250
B)$21,700
C)$22,200
D)$22,150

Question

While preparing the February 28th bank reconciliation, the accountant identified the following items: 
In the process of preparing the reconciliation, the accountant discovered an error in recording a customer's check; the amount was incorrectly recorded on the books as a cash receipt of $600, while the bank correctly recorded the amount as $650. What is the company's adjusted cash balance on February 28th?
A)$22,250 
B)$21,700 
C)$22,200 
D)$22,150

Quizplus · Accepted Answer

The Answer of While preparing the February 28th bank reconciliation, the accountant identified the following items: 
In the process of preparing the reconciliation, the accountant discovered an error in recording a customer's check; the amount was incorrectly recorded on the books as a cash receipt of $600, while the bank correctly recorded the amount as $650. What is the company's adjusted cash balance on February 28th?
A)$22,250 
B)$21,700 
C)$22,200 
D)$22,150

While Preparing the February 28th Bank Reconciliation, the Accountant Identified