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d On November 30, Cactus Company's cash balance per its general ledger is $7.844. The bank's cash balance per the November 30 bank statement is
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On November 30, Cactus Company's cash balance per its general ledger is $7.844. The bank's cash balance per the November 30 bank statement is $5,942. The following information is gathered from the bank statement and company records. ATA Checks outstanding Deposits outstanding Nnterest earned on bank account Service fee $ $ $ $ 1,325 3.238 36 25 lo What journal entry should the company make after performing the bank reconciliation to adjust its Cash account by recording any items that increase cash Step by Step Solution
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