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In the process of reconciling its bank statement for January, Maxi's Clothing's accountant compiles the following information: Cash balance per company books on January 31
| In the process of reconciling its bank statement for January, Maxi's Clothing's accountant compiles the following information: |
| Cash balance per company books on January 31 | $4,925 |
| Deposits in transit at month-end | $1,840 |
| Outstanding checks at month-end | $540 |
| Bank service charges | $27 |
| EFT automatically paid monthly, not yet recorded by Maxi | $420 |
| An NSF check returned on a customer account | $285 |
| The adjusted cash balance per the books on January 31 is: |
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Yes You Can Get A Financial Life
Authors: Ben Stein, Phil Demuth
1st Edition
1401911250, 978-1401911256
