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The Conner Company's August 31 pre-reconciliation cash balance on its books was $90,000. As of August 31, outstanding checks total $44,000 and deposits in transit
The Conner Company's August 31 pre-reconciliation cash balance on its books was $90,000. As of August 31, outstanding checks total $44,000 and deposits in transit total $30,000. Assuming there are no other reconciling items, what was the August 31 cash balance on Conner's bank statement
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Financial Accounting An Introduction To Concepts Methods And Uses
Authors: Sidney Davidson, Roman L. Weil, Clyde P. Stickney
2nd Edition
0030452961, 978-0030452963
