Sahara companys cash account shows an ending balance of 650, Finance Basics

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Sahara companys cash account shows an ending balance of 650

Question: Sahara Company's Cash account shows an ending balance of $650. The bank statement shows a $29 service charge and an NSF check for $150. A $240 deposit is in transit, and outstanding checks total $420. What is Sahara's adjusted cash balance? The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

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Finance Basics: Sahara companys cash account shows an ending balance of 650

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