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Adcock Plastic Company deposits all receipts and makes all payment by check. The following information is available the cash record MARCH 31 BANK RECONCILIATION Balance
Adcock Plastic Company deposits all receipts and makes all payment by check. The following information is available the cash record MARCH 31 BANK RECONCILIATION Balance per bank 26,746 Add: deposit in transit 2,100 Deduct: outstanding checks (3,800) Balance per book 25,046 PER BANK PER BOOK Balance April 30 27,995 24,355 April deposit 8864 12,889 April check 13,100 13,080 April note collected (not included in April deposits) 3000 0 April bank service charge 35 0 April NSF check of a customer Returned by the bank (recorded by bank as charges) 900 0 Instruction: a. calculate the amount of the April 30 1. deposit in transit 2. outstanding checks c. what is the April 30 adjusted cash balance? Show all work
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