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ES Problem 7-4A (Part Level Submission) The bank portion of the bank reconcililation for Pharoah Company at October 31, 2017, is shown below PHAROAH COMPANY
ES Problem 7-4A (Part Level Submission) The bank portion of the bank reconcililation for Pharoah Company at October 31, 2017, is shown below PHAROAH COMPANY October 31, 2017 balance per bank $12,517.90 1,530.20 14,048.10 Add: Deposits in transit Less: Outstanding checks Check Number 2451 2470 2471 2472 2474 Check Amount $ 1,260.40 684.20 844.50 428.80 1,050.00 4,267.90 Adjusted cash balance per bank $9,780.20 The adjusted cash balance per bank agreed with the cash balance per books at October 31. The November bank statement showed the following checks and deposits
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