lauren203
lauren203
01.03.2021 • 
Business

On October 31, 2018, the bank statement shows that your company has $14,556.73 in its checking account. You are aware of three outstanding checks that total of $4,512.19. During October, 2018, the bank rejected two deposited checks from customers totaling $ 1,054.19 because of insufficient funds and charged you $44.00 in service fees. You had not yet received notice about the bad checks, but you were aware of and have recorded the $44.00 of service fees. Prior to adjustment on October 31, 2018, your Cash account would have a balance of: (Round your answer to 2 decimal places.) Multiple Choice $17,970.73. $9,034.35. $20,079.11. $11,098.73.

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