At July 31 Dana Company has this bank information: cash balance per bank ($ 7,420); outstanding checks

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At July 31 Dana Company has this bank information: cash balance per bank \(\$ 7,420\); outstanding checks \(\$ 762\); deposits in transit \(\$ 1,700\); and a bank service charge \(\$ 20\). Determine the adjusted cash balance per bank at July 31.

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Financial Accounting Tools For Business Decision Making

ISBN: 9780471169192

1st Edition

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

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