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PR-7-4A 15th edition. page 386 to page 387. Topic; Bank reconciliation and entries. obj.5 1 Adjusted balance $4,830 PR 7-4A Bank reconciliation and entries The
PR-7-4A 15th edition. page 386 to page 387. Topic; Bank reconciliation and entries. obj.5 1 Adjusted balance $4,830
PR 7-4A Bank reconciliation and entries The cash account for Coastal Bike Go. at October 1, 20Y9, indicated a balance off Obj. 5 ing October, the total cash deposited was \$39,175, and checks written totaled \& 4 , 5,140 . Dur statement indicated a balance of $8,980 on October 31 , 20Y9. Comparing thed $10,520. The bank cancried checks, and the accompanying memos with the records revealed the bank statement, the ing items a. Checks rutstanding totaled $5,560 A deposit of \$1,050 representing receipts of October 31 had been made too late to appear on the bank statement. The bank had collected for Coastal Bike Co. $2,120 on a note left for collection. The face of the note was $2,000. A check for $370 returned with the statement had been incorrectly charged by the bank as $730Step by Step Solution
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