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Exercise 2: Given the following information, determine the adjusted cash balance per books. Balance per books as of June 30, $8,300. Outstanding checks, $600.
Exercise 2: Given the following information, determine the adjusted cash balance per books. Balance per books as of June 30, $8,300. Outstanding checks, $600. NSF check returned with bank statement, $130. 1. 2. 3. 4. Deposit in transit, $300. 5. Check printing charges, $30. 6. Interest earned on checking account, $40.
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