Question
The bank statement for Yarley Company at the end of August showed a balance of $ 12,862. Checks outstanding totaled $ 3,937, and deposits in
The bank statement for Yarley Company at the end of August showed a balance of $ 12,862. Checks outstanding totaled $ 3,937, and deposits in transit were $ 5,990. If these amounts are the only pertinent data available to you, what was the adjusted balance of cash at the end of August?
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Accounting Principles
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
9th Edition
978-0470317549, 9780470387085, 047031754X, 470387084, 978-0470533475
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