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What amount will abc report as its adjusted cash balance

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Question - The accountant of ABC Co. was preparing a bank reconciliation as of April 30, 2020. The following items were identified:

Book balance for the checking account - $46,200

Total outstanding checks - $1,100

Interest earned during April on the checking account balance - $50

Costumer NSF check returned by the bank - $500

In addition, ABC incorrectly recorded a customer's check-in cash receipts as $150; the ban recorded the check amount properly at $510. What amount will ABC report as its adjusted cash balance in the general ledger at April 30, 2020?

Reference no: EM133017592

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