Examlex

Solved

Dinho Corporation Identified the Following Data When Preparing Its April

question 34

Multiple Choice

Dinho Corporation identified the following data when preparing its April bank reconciliation:  Bank statement balance $45,000 Dinho’s book balance (before adjustments)  ? Outstanding checks 4,500 NSF checks 1,400 Service charge 300 Deposits in transit 5,000 Interest earned on checking account 25\begin{array} { l r } \text { Bank statement balance } & \$ 45,000 \\\text { Dinho's book balance (before adjustments) } & ? \\\text { Outstanding checks } & 4,500 \\\text { NSF checks } & 1,400 \\\text { Service charge } & 300 \\\text { Deposits in transit } & 5,000 \\\text { Interest earned on checking account } & 25\end{array}
-In addition,Dinho incorrectly recorded a deposit in its books in the amount of $1,000.The correct amount was recorded by the bank as $1,200.
What is the adjusted cash balance at the end of April?


Definitions:

Human Life

The existence of an individual human being ranging from birth to death, characterized by the capacity for growth, reproduction, functional activity, and continual change.

Empty-nest Syndrome

A feeling of grief and loneliness parents may feel when their children move out of the home, leading to an empty house.

Youngest Child

The last-born individual in a family, who may experience different parental expectations and family dynamics than their older siblings.

Rooting

The turning of an infant’s head toward a touch, such as by the mother’s nipple.

Related Questions