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What the correct balance of cash at april is

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Reference no: EM132667044

In preparing its bank reconciliation at April 30, 2017, Delta Inc. has the following information available:

Balance per bank statement$45,700

NSF cheque returned with April bank statement420

Deposits in transit2,500

Outstanding cheques16,000

Bank service charges for April25

Problem 1: The correct balance of cash at April 30, 2017 is

a) $48,200.

b) $61,700.

c) $45,280.

d) $32,200.

Reference no: EM132667044

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