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Calculate the adjusted cash balance per books of ABC Co. given the following information.: Item Amount Balance per bank statement $10,005 Balance per cash account
Calculate the adjusted cash balance per books of ABC Co. given the following information.:
Item | Amount |
---|---|
Balance per bank statement | $10,005 |
Balance per cash account book balance | 9,500 |
Deposit in transit | 300 |
Interest earned on the depositor's balance | 55 |
NSF check | 100 |
Outstanding checks | 850 |
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