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The unadjusted cash account balance for a company at December 31. 2014 is S15.926 The bank statement showed a balance of $20.700 on tins same
The unadjusted cash account balance for a company at December 31. 2014 is S15.926 The bank statement showed a balance of $20.700 on tins same dale The following information is available: Bank Service Charge $ 6 NSF check from customer $ 324 Deposit in transit $ 1.576 In addition, two other items were discovered Check #433 for the put chase of inventory was written correctly and paid by the bank correctly for $463. but was recorded on the books at $643. Outstanding checks at the end of November were $3, 500: checks written by the company during December were $60,000. checks cleared by the bank daring December were $57,000. What is the true cash balance al December 31. 2014? $14, 200 $15, 416 $15, 776 $16, 100
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