The bank statement balance is $6,450 and shows a service charge of $30, interest earned of $25, and an NSF check for $475. Deposits in transit total $1,850; outstanding checks are $1,125. What is the adjusted bank balance?
A) $7,175
B) $7,655
C) $5,725
D) $5,970
Correct Answer:
Verified
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Q3: Checks written by a company, but not
Q4: Differences between the amount of cash reported
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Q8: A cash budget includes estimated cash:
A)receipts and
Q9: Which characteristic will NOT be found in
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