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7 Damon Company receives its monthly bank statement, which reports a balance of $1,975. After comparing this to the company's cash records, Damon's accountants determine
7 Damon Company receives its monthly bank statement, which reports a balance of $1,975. After comparing this to the company's cash records, Damon's accountants determine that deposits outstanding total $4,100 and checks outstanding total $4,350. Required: Calculate the reconciled bank balance for cash. (Amounts to be deducted should be indicated with a minus sign.) Bank balance Deposits outstanding Checks outstanding Reconciled bank balance $ 1,975 
Damon Company receives its monthly bank statement, which reports a balance of $1,975. After comparing this to the company's cash records, Damon's accountants determine that deposits outstanding total $4,100 and checks outstanding total $4,350. Required: Calculate the reconciled bank balance for cash. (Amounts to be deducted should be indicated with a minus sign.)
7 Damon Company receives its monthly bank statement, which reports a balance of $1,975. After comparing this to the company's cash records, Damon's accountants determine that deposits outstanding total $4,100 and checks outstanding total $4,350. Required: Calculate the reconciled bank balance for cash. (Amounts to be deducted should be indicated with a minus sign.) Bank balance Deposits outstanding Checks outstanding Reconciled bank balance $ 1,975
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Biometric And Auditing Issues Addressed In A Throughput Model
Authors: Waymond Rodgers
1st Edition
1617356530, 978-1617356537
