Explore BrainMass

Marcus Company

Please see the attached file.


Solution Preview

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 information, determine ...

Solution Summary

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