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In the process of reconciling its bank statement for April, Donahue Enterprises' accountant compiles the following information: Cash balance per company books on April $
In the process of reconciling its bank statement for April, Donahue Enterprises' accountant compiles the following information:
| Cash balance per company books on April | $ 6,275 |
| Deposits in transit at month-end | $ 1,300 |
| Outstanding checks at month-end | $ 620 |
| Bank charge for printing new checks | $45 |
| Note receivable and interest collected by bank on Donahues behalf | $770 |
| A check paid to Donahue during the month by a customer is returned by the bank as NSF | $ 480 |
The adjusted cash balance per the books on April 30 is: |
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Managers and the Legal Environment Strategies for the 21st Century
Authors: Constance E Bagley, Diane W Savage
6th Edition
978-0324582048
