Border Company's cash account had a balance of $962 on August 31. This included a bank deposit of $87 that was in transit on the 31st. The August 31 bank statement contained the following information:
Border also had checks outstanding of $169. What is Border's adjusted cash balance at August 31?

Question

Border Company's cash account had a balance of $962 on August 31. This included a bank deposit of $87 that was in transit on the 31st. The August 31 bank statement contained the following information:
 Border also had checks outstanding of $169. What is Border's adjusted cash balance at August 31?

Quizplus · Accepted Answer

The Answer of Border Company's cash account had a balance of $962 on August 31. This included a bank deposit of $87 that was in transit on the 31st. The August 31 bank statement contained the following information:
 Border also had checks outstanding of $169. What is Border's adjusted cash balance at August 31?

Border Company's Cash Account Had a Balance of $962 on August