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The following information was available to the accountant of Horton Company when preparing the monthly bank reconciliation: Cash balance per bank statement $1,135 Cash balance
The following information was available to the accountant of Horton Company when preparing the monthly bank reconciliation: |
Cash balance per bank statement | $1,135 |
Cash balance per books (prior to reconciliation) | 868 |
Outstanding check #643 | 662 |
Outstanding check #651 | 59 |
Bank service charges | 41 |
Customer check returned by bank as NSF | 100 |
Deposits in transit | 350 |
Interest received from bank | 37 |
The amount of cash that should appear on the balance sheet following completion of the reconciliation and adjustment of the accounting records is: |
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