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Determine available cash balance from bank statement and Cash account data (L.O. 4) The bank statement for Yarley Company at the end of August showed
Determine available cash balance from bank statement and Cash account data (L.O. 4)
The bank statement for Yarley Company at the end of August showed a balance of $12,862. Checks outstanding totaled $3,937, and deposits in transit were $5,990. If these amounts are the only pertinent data available to you, what was the adjusted balance of cash at the end of August?
Determine available cash balance from bank statement and Cash account data (L.O. 4)
The bank statement for Yarley Company at the end of August showed a balance of $12,862. Checks outstanding totaled $3,937, and deposits in transit were $5,990. If these amounts are the only pertinent data available to you, what was the adjusted balance of cash at the end of August?
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