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The information below relates to the Cash account in the ledger of Ansel Company. Balance June 1-$17,450; Cash deposited -$64,000. Balance June 30-$17,704; Checks written
The information below relates to the Cash account in the ledger of Ansel Company. Balance June 1-$17,450; Cash deposited -$64,000. Balance June 30-$17,704; Checks written -$63,746. The June bank statement shows a balance of $16,422 on June 30 and the following memoranda. Credits Debits Collection of $1,530 through electronic funds transfer $1,530 NSF check: Anne Adams $425 Interest earned on checking account $35 Safety deposit box rent $55 At June 30 , deposits in transit were $4,750, and outstanding checks totaled $2,383. What is the adjusted cash balance for June 30^("th ")
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