Question
Annapolis Company's bank statement indicated an ending cash balance of $8,440. Alpha's accountant discovered that outstanding checks amounted to $715 and deposits in transit were
Annapolis Company's bank statement indicated an ending cash balance of $8,440. Alpha's accountant discovered that outstanding checks amounted to $715 and deposits in transit were $960. Additionally, the bank statement showed service charges of $40. What is the correct adjusted ending cash balance
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Financial Accounting
Authors: J. David Spiceland, Wayne Thomas, Don Herrmann
2nd Edition
0078110823, 9780078110825
