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timrelawan06
timrelawan06
20.12.2019 • 
Business

Dawson corporation just received its bank statement for the month of may. this statement revealed that $2,500 of dawson's deposits had not yet been recorded by the bank, outstanding checks totaled $1,500, a bank service charge of $100 had been assessed, and dawson had erroneously recorded a check written for $1,000 as $100. as of may 31, dawson's records indicated a cash balance of $40,500. the ending cash balance as of may 31 reported on the bank statement would have been
a) $41,100b) $42,500c) $39,900d) $38,500

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