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what amount is the adjusted cash balance? CUFerstone Exercise 4-17 Bank Reconciliation The accountant for Bellows Corp. was preparing a bank reconciliation as of April
what amount is the adjusted cash balance?
CUFerstone Exercise 4-17 Bank Reconciliation The accountant for Bellows Corp. was preparing a bank reconciliation as of April 30. The following items were identified: Bellows' book balance $28,750 Outstanding checks 900 Interest earned on checking account 75 Customer's NSF check returned by the bank 380 In addition, Bellows made an error in recording a customer's chek; the amount was recorded in cash receipts as $370; the bank recorded the amount correctly as $730. Required: What amount will Bellows report as its adjusted cash balance at April 30, 2019Step by Step Solution
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