What is true cash


unadjusted bank balance
unadjusted balance on June 30 56,600
Deposits in transit 2,700
a debit memo service charge 15
5,260 outstanding check
the bank statement included a 900 credit memo for the collection of a note. The principal of the note was 860.00, and the interest collected amounted to 30
What is true cash value?

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Accounting Basics: What is true cash
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