Find the amount of balance per microsoft records

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Reference no: EM132667582

While preparing the February 28th bank reconciliation for the checking account for Amazon, Inc., the accountant identified the following items:

Balance per Amazon's company records $46,200
Outstanding checks 1,100
Interest earned on the checking account 50
A customer's NSF check returned by the bank 500

Problem 1: In addition, Amazon made an error in recording a customer's check; the amount was recorded in cash receipts as $150, while the bank correctly recorded the amount as $510. What amount will Amazon report as its actual cash balance on February 28th?

Problem 2: Determine the amount of Microsoft's actual cash balance.

Problem 3: Determine the amount of balance per Microsoft's records before adjustment.

Reference no: EM132667582

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