Cashbalance per bank 6950 outstanding checks 762 deposits
At August 31 Jones Company has this bank information: cashbalance per bank $6,950; outstanding checks $762; deposits intransit $1,700; and a bank service charge $20. Determine theadjusted cash balance per bank at August 31, 2005.
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Accompanying the bank statement was a credit memorandum for a short-term note collected by the bank for the customer.
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cashbalance per bank $6,950; outstanding checks $762; deposits intransit $1,700; and a bank service charge $20. Determine theadjusted cash balance per bank at August 31, 2005.
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