About the bank reconciliation

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Reference no: EM131221401

Rich Company's unadjusted book balance at October 31, 2014 is $5,750. The following information is available for the bank reconciliation. Outstanding checks, $1,400 Deposits in transit, $1,200 Bank service charges, $110 Bank collected an accounts receivable for Rich Company, $2,600 NSF check written by one of Rich's customers, $1,400 Based on this information Rich's true cash balance is:

$2,600. $5,440. $7,460. $6,840.

Reference no: EM131221401

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