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Ryan Carter Corporation operates four bowling alleys. The business just recelved the October 31, 2018, bank statement from City National Bank, and the statement shows
Ryan Carter Corporation operates four bowling alleys. The business just recelved the October 31, 2018, bank statement from City National Bank, and the statement shows an ending balance of $930. Listed on the statement are an EFT rent collection o $425, a ser ce charge of $9, NSF checks to a ng $95 and a $26 charge for printed checks. In rewe ng the cash records, he business identified outstanding checks totaling $455 and a deposit in transit c $1.755. During October the business recorded a $290 check by debiting Salaries Expense and crediting Cash for $29. The business's Cash account shows an October 31 balance of $2,196. Read the requirements
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