At July 31, Farmer Company has this bank information: cash balance per bank $7,291; outstanding checks $762;
Question:
At July 31, Farmer Company has this bank information: cash balance per bank
$7,291; 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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Kirti Kaushal
Having experience of more than 10 years is good enough to coach my students. Currently, I am working as an active supervisor of ACCA students. In my career, I helped students in financial accounting, management accounting, cost accounting, financial reporting, taxation, and audit. I also helped students publish their articles or papers in good journals. I also helped students with thesis and objective writing.
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Related Book For 
Accounting Tools For Business Decision Making
ISBN: 9781118771112
5th Edition
Authors: Kimmel, Wetlands, Kieso
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