Author Question: A summary account, called a(n) ____________________, is maintained in the general ledger for a ... (Read 75 times)

lindiwe · **on:** Jul 5, 2018

A summary account, called a(n) ___________________ _, is maintained in the general ledger for a subsidiary ledger.
Fill in the blank(s) with correct word

Question 2

Thompson Company gathered the following reconciling information in preparing its October bank reconciliation: Cash balance per bank, 10/31 17,000 Note receivable collected by bank 4,800 Outstanding checks 6,500 Deposits-in-transit 3,000 Bank service charge 50 NSF check 2,300 Using the above information, determine the cash balance per books (before adjustments) for the ThompsonCompany.
a. 11,050
b. 19,450
c. 15,950
d. 11,150