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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
In preparing its bank reconciliation for the month of June, Whittaker Corporation has available the following information:
Balance per bank statement, June 30 $60,000
Deposit in transit, June 30 3,750
Outstanding checks, June 30 2,875
Credit erroneously recorded by bank in
Whittaker’s account, June 18 200
Bank service charges for June 25
What should be the correct balance of cash at June 30?
A. $58,925
B. $60,650
C. $60,675
D. $70,075
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