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Calculator Gradebook Calendar On December 31, Russell Company's Cash account had a balance of $33,040, and the balance per bank statement was $28,840. Analysis of
Calculator Gradebook Calendar On December 31, Russell Company's Cash account had a balance of $33,040, and the balance per bank statement was $28,840. Analysis of the bank statement and comparison of the statement and records indicated the following: Deposits in transit Outstanding checks Bank service charge Customer's returned check, NSF Bank collection of note on our behalf Interest roceived on note S 14,825 5,570 15 1,150 6,180 130 In reviewing the record s, Russell Company also discovered the following error: A check for $430 in legal expense was incorrectly ecorded on the books as $340 Required: Compute the adjusted balance of Cash per books. sD Adjusted balance of Cash: Clear Undo
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