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The backus inc cash account had a balance of 1092 on march

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The Backus Inc. cash account had a balance of $1,092 on March 31. This included a bank deposit for $172 that was in transit on the 31st. The March 31 bank statement contained the following information:

  • Bank Statement Balance $1,089
  • NSF Check $32
  • Bank service charge $7
  • Collection of notes receivable $87

Backus also had checks outstanding of $279, what is Backus's reconciled balance?

Reference no: EM13596309

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