Clark Company Developed the Following Reconciling Information in Preparing Its

question 24

Multiple Choice

Clark Company developed the following reconciling information in preparing its September bank reconciliation: $\begin{array}{lr}\text { Cash balance per bank, } 9 / 30 & \$ 46,200 \\\text { Note receivable collected by bank } & 25,200 \\\text { Outstanding checks } & 37,800 \\\text { Deposits in transit } & 18,900 \\\text { Bank service charges } & 315 \\\text { NSF check } & 5,040\end{array}$ Using the above information determine the cash balance per books (before adjustments) for the Clark Company.

• A)$41055.
• B)$65100.
• C)$7455.
• D)$63000.

---

Definitions:

Thank You Note

A written or digital expression of gratitude towards someone for their help, gift, or kindness, often considered a polite and appreciative gesture.

Interview Process

A structured interaction, typically involving questions and answers, used for the purpose of evaluation, often in the context of job selection or research.

Negative Information

Information perceived as undesirable, harmful, or disadvantageous, often having a greater impact on a person's psychological state and decision-making than positive information.

Academic Life

The aspects of a person's life that are directly related to education and learning in an academic institution, including studies, research, and campus activities.