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At August 31,LilyCompany has a cash balance per books of $8,330and the following additional data from the bank statement: charge for printingLilyCompany checks $66, interest
At August 31,LilyCompany has a cash balance per books of $8,330and the following additional data from the bank statement: charge for printingLilyCompany checks $66, interest earned on checking account balance $56, and outstanding checks $820.
Determine the adjusted cash balance per books at August 31.
Adjusted cash balance per books =$
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