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Rainey Company's true cash balance at October 31 is $4,590. The following information is available for the bank reconciliation: Outstanding checks, $720 Deposits in
Rainey Company's true cash balance at October 31 is $4,590. The following information is available for the bank reconciliation: Outstanding checks, $720 Deposits in transit, $510 Bank service charges, $100 The bank had collected an account receivable for Rainey Company, $1,100 The bank statement included an NSF check written by one of Rainey's customers for $660 Based on this information Rainey's unadjusted book balance at October 31 is: Multiple Choice $4,250. $5,350. $4,350. $4,800.
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Modern Advanced Accounting In Canada
Authors: Hilton Murray, Herauf Darrell
7th Edition
1259066487, 978-1259066481
