Intermediate Accounting (16th Edition)

Published by Wiley
ISBN 10: 1118743202
ISBN 13: 978-1-11874-320-1

Chapter 7 - Cash and Receivables - Review and Practice - Brief Exercises - Page 363: BE7-1

Answer

94,300

Work Step by Step

Cash in bank—savings account …………………………………..…………68,000 Cash on hand………………………………………………………………..........…. 9,300 Checking account balance ……………………………………………….…..17,000 Cash to be reported …………………………………………….....………………94,300
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