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Oscar's Red Carpet Store maintains a checking account with Academy Bank. Oscar's sells carpet each day but makes bank deposits only once per week. The
Oscar's Red Carpet Store maintains a checking account with Academy Bank. Oscar's sells carpet each day but makes bank deposits only once per week. The following provides information from the company's cash ledger for the month ending February
tableDate,Amount,,Number,Date,AmountDeposits:$Checks:,$
Kequired:
Prepare a bank reconciliation for Oscar's checking account on February
Record the necessary cash adjustments.
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Prepare a bank reconciliation for Oscar's checking account on February Amounts to be deducted should be indicated with a minus sign.
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