Acme, Inc.’s books show an ending cash balance of $10,000 be…
Acme, Inc.’s books show an ending cash balance of $10,000 before preparing the bank reconciliation. Given the bank reconciliation shows outstanding checks of $3,000, deposits in transit of $2,000, NSF check of $100, and interest earned on the bank account of $10, the company’s up-to-date ending cash balance equals:
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