What the adjusted cash balance at the end, Accounting Basics

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What the adjusted cash balance at the end

The August bank statement for Mobile Service shows a balance of $8,900, but the balance per books shows a cash balance of $8,310. Other information includes: A check for $10 (correct amount) was recorded incorrectly on the books as $100; Included on the bank statement was a note collected by the bank for $600 plus interest of $40; Checks outstanding totaled $480. Bank service charges were $20; Deposits in transit were $600. what the adjusted cash balance at the end of August should be:

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Accounting Basics: What the adjusted cash balance at the end

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Accounting Basics: What the adjusted cash balance at the end

Reference No:- TGS080035

Have a Question? (oR Write a Review)

Recent Questions Asked Accounting Basics

Q : Future receipt discounted at interest rate

Q : What should be done to maximize expected profits

Q : What is the anticipated dividend for year 3

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Q : What the adjusted cash balance at the end

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Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: What the adjusted cash balance at the end

Reference No:- TGS080035

Recent Questions Asked Accounting Basics

Q : Future receipt discounted at interest rate

Q : What should be done to maximize expected profits

Q : What is the anticipated dividend for year 3

Q : Prepare current year s-corporation tax return for bottle-up

Q : What the adjusted cash balance at the end

Q : Find what will the demand level be for sailboats

Q : Create a console program where you will implement

Q : Employee fringe benefit program expenses

Q : What measures can moore take to eliminate its phc tax

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