Explore BrainMass

Explore BrainMass

    Marcus Company

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    Please see the attached file.

    © BrainMass Inc. brainmass.com October 9, 2019, 10:02 pm ad1c9bdddf


    Solution Preview

    See the attached file.

    Marcus Company developed the following reconciling information in preparing its September bank reconciliation:
    Cash balance per bank, 9/30 $11,000
    Note receivable collected by bank 6,000
    Outstanding checks 9,000
    Deposits-in-transit 4,500
    Bank service charge 75
    NSF 1,200

    Using the above ...

    Solution Summary

    This solution is comprised of a detailed explanation to determine the cash balance per books (before adjustments) for the Marcus Company.