The following information was available to the accountant, Accounting Basics

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The following information was available to the accountant

The following information was available to the accountant of R&G Company when preparing the monthly bank reconciliation:

Outstanding checks:	#1249 for	$ 525
	#1261 for	70
Bank service charges		$ 50
Deposits in transit		$ 1,500
Customer note receivable collected by bank		$ 1,000
Cash balance per bank statement		$ 1,265
Cash balance per books (prior to reconciliation)		$ 1,220

The corrected cash balance following completion of the reconciliation was?

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Accounting Basics: The following information was available to the accountant

Reference No:- TGS0596869

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Accounting Basics: The following information was available to the accountant

Reference No:- TGS0596869

Have a Question? (oR Write a Review)

Recent Questions Asked Accounting Basics

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Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: The following information was available to the accountant

Reference No:- TGS0596869

Recent Questions Asked Accounting Basics

Q : If her cost of capital is 12 percent what is the

Q : Now try to lay out a specication for your machine consider

Q : What equal annual ammount must garrett save at the end of

Q : You sold a security for 980 that you purchased five years

Q : The following information was available to the accountant

Q : The cost of not taking the cash discounton trade credit of

Q : It is a component of the assessment function of public

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