At July 31, Vaughn Company has the following bank information: cash balance per bank $7,490, outstanding checks $712, deposits in transit $1,721, and a bank service charge $22.Determine the adjusted cash balance per bank at July 31. Adjusted cash balance per bank $
At July 31, Vaughn Company has the following bank information: cash balance per bank $7,490, outstanding checks $712, deposits in transit $1,721, and a bank service charge $22.Determine the adjusted cash balance per bank at July 31. Adjusted cash balance per bank $
Financial Accounting
15th Edition
ISBN:9781337272124
Author:Carl Warren, James M. Reeve, Jonathan Duchac
Publisher:Carl Warren, James M. Reeve, Jonathan Duchac
Chapter8: Internal Control And Cash
Section: Chapter Questions
Problem 21E
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At July 31, Vaughn Company has the following bank information: cash balance per bank $7,490, outstanding checks $712, deposits in transit $1,721, and a bank service charge $22.
Determine the adjusted cash balance per bank at July 31.
Adjusted cash balance per bank |
$
|
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