Question
Using the following information, prepare a bank reconciliation and determine the adjusted bank balance: Bank balance: $5,760 Book balance: $6,500 Deposit in transit: $1,995
Using the following information, prepare a bank reconciliation and determine the adjusted bank balance: Bank balance: $5,760 Book balance: $6,500 Deposit in transit: $1,995 Outstanding checks: $1,200 Bank Charge: $25 Notes receivable: $1,750 Interest: $220
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Foundations of Finance The Logic and Practice of Financial Management
Authors: Arthur J. Keown, John D. Martin, J. William Petty
8th edition
978-0132994873
