Question
In preparing its bank reconciliation for the month of April 2025, Sheridan, Inc. has the following information available: Balance per bank statement, 4/30/25 $102820
In preparing its bank reconciliation for the month of April 2025, Sheridan, Inc. has the following information available: Balance per bank statement, 4/30/25 $102820 NSF check returned with 4/30/25 bank statement 1420 Deposits in transit, 4/30/25 12600 Outstanding checks, 4/30/25 13400 Bank service charges for April 51 What should be the correct balance of cash at April 30, 2025?
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Using Financial Accounting Information The Alternative to Debits and Credits
Authors: Gary A. Porter, Curtis L. Norton
7th Edition
978-0-538-4527, 0-538-45274-9, 978-1133161646
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