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Exercise CThe bank statement for Yarley Company at the end of August showed a balance of $ 12,862. Checks outstanding totaled $ 3,937, and deposits
Exercise CThe 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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