Question
Annapolis Company's bank statement indicated an ending cash balance of $9,940. Alpha's account discovered that outstanding checks amounted to $965 and deposits in transit were
Annapolis Company's bank statement indicated an ending cash balance of $9,940. Alpha's account discovered that outstanding checks amounted to $965 and deposits in transit were $480. Additionally, the bank statement showed service charges of $35. What is the correct adjusted ending cash balance?
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Financial Accounting
Authors: LibbyShort
7th Edition
78111021, 978-0078111020
