Question
Help Save & Ex Easton Company deposits all cash receipts on the day they are received and makes all cash payments by check. At
Help Save & Ex Easton Company deposits all cash receipts on the day they are received and makes all cash payments by check. At the close of business on June 30, its Cash account shows a debit balance of $70,709. Easton's June bank statement shows a $66,749 balance in the bank. Determine the adjusted cash balance using the following information Deposit in transit $ 6,950 Outstanding checks i $ 2,975 Check printing fee, not yet recorded by company Interest earned, not yet recorded by the company $ 36 $.51 The adjusted cash balance should be
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