Compute Whiz Company's adjusted cash balance per books based on the following information: Beginning cash balance per books $ 4 , 200 Deposit in transit 900 Check printing charge 20 Note collected by bank for Whiz 1 , 600 \begin{array} { l r } ext { Beginning cash balance per books } & \$ 4,200 \ ext { Deposit in transit } & 900 \ ext { Check printing charge } & 20 \ ext { Note collected by bank for Whiz } & 1,600\end{array} Beginning cash balance per books Deposit in transit Check printing charge Note collected by bank for Whiz $4 , 200 900 20 1 , 600

Question

Compute Whiz Company's adjusted cash balance per books based on the following information:    Beginning cash balance per books  $ 4 , 200  Deposit in transit  900  Check printing charge  20  Note collected by bank for Whiz  1 , 600 \begin{array} { l r } 	ext { Beginning cash balance per books }  &  \$ 4,200 \	ext { Deposit in transit }  &  900 \	ext { Check printing charge }  &  20 \	ext { Note collected by bank for Whiz }  &  1,600\end{array}  Beginning cash balance per books   Deposit in transit   Check printing charge   Note collected by bank for Whiz  ​ $4 , 200 900 20 1 , 600 ​

Brianna Skylar · Accepted Answer

Final Answer :   Beginning cash balance per books  $ 4 , 200  Add: Collection of note  1 , 600 ‾ 5 , 800  Less: Check printing charge  20 ‾  Adjusted cash balance per books  $ 5 , 780 \begin{array}{lr}	ext { Beginning cash balance per books }  &  \$ 4,200 \	ext { Add: Collection of note }  &  \underline{1,600} \ & {5,800}\	ext { Less: Check printing charge }  &  \underline{20} \	ext { Adjusted cash balance per books }  &  \$ 5,780 \\end{array}  Beginning cash balance per books   Add: Collection of note   Less: Check printing charge   Adjusted cash balance per books  ​ $4 , 200 1 , 600 ​ 5 , 800 20 ​ $5 , 780 ​

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