At July 31 Eidman Company has this bank information: cash balance per bank $7,300; outstanding checks $762;

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At July 31 Eidman Company has this bank information: cash balance per bank $7,300; outstanding checks $762; deposits in transit $1,350; and a bank service charge $40. Determine the adjusted cash balance per bank at July 31.

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Financial Accounting Tools for Business Decision Making

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Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

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Question Posted: Apr 21, 2012 03:00 AM

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At July 31 Eidman Company has this bank information: cash balance per bank $7,300; outstanding checks $762;

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Financial Accounting Tools for Business Decision Making

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