The bank statement for Yarley Company at the end of August showed a balance of ($ 12,862).
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The bank statement for Yarley Company at the end of August showed a balance of \(\$ 12,862\). Checks outstanding totaled \(\$ 3,937\), and deposits in transit were \(\$ 5,990\). If these amounts are the only pertinent data available to you, what was the adjusted balance of cash at the end of August?
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Related Book For 
Financial Accounting A Business Perspective
ISBN: 9780072289985
7th Edition
Authors: Roger H. Hermanson, James Don Edwards
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