Business, 08.05.2021 01:50 andybiersack154

In preparing its May 31, 2020 bank reconciliation, Sheffield Corp. has the following information available: Balance per bank statement, 5/31/20 $41000
Deposit in transit, 5/31/20 5900
Outstanding checks, 5/31/20 4000
Note collected by bank in May 1290
The correct balance of cash at May 31, 2020 is:.
a. $46900.
b. $41610.
c. $42900.
d. $44190.

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In preparing its May 31, 2020 bank reconciliation, Sheffield Corp. has the following information ava...

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