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The following information pertains to Johnson Company: Cash balance per bank statement $28,700 Cash balance per general ledger 30,160 Bank service charge 80 Deposits in
The following information pertains to Johnson Company: Cash balance per bank statement $28,700 Cash balance per general ledger 30,160 Bank service charge 80 Deposits in transit to bank 3,600 Outstanding checks 2,620 NSF check returned by bank 400 Johnson should show the following reconciled cash balance from the bank reconciliation on its balance sheet: Select one: A. $27,080 B. $29,680 C. $33,780 D. $32,220
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Financial and Managerial Accounting Information for Decisions
Authors: John Wild, Ken Shaw, Barbara Chiappetta
5th edition
978-1259317552, 1259317552, 978-0078025600, 78025605, 978-1259335013, 1259335011, 978-1259347641
