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Compute for adjusted balance per book and per bank. Case 1: Use the following information to compute for the adjusted cash balance as of end of August 2018. Balance per bank statement, 8/30/2018 Outstanding checks 8/30/2018 NSF check returned 8/30/2018 P60,280 10,400 900 Deposit in transit 8/30/2018 Service charge for April 8,000 40

Compute for adjusted balance per book and per bank. Case 1: Use the following information to compute for the adjusted cash balance as of end of August 2018. Balance per bank statement, 8/30/2018 Outstanding checks 8/30/2018 NSF check returned 8/30/2018 P60,280 10,400 900 Deposit in transit 8/30/2018 Service charge for April 8,000 40

Financial Accounting: The Impact on Decision Makers
Financial Accounting: The Impact on Decision Makers
10th Edition
ISBN:9781305654174
Author:Gary A. Porter, Curtis L. Norton
Publisher:Gary A. Porter, Curtis L. Norton
Chapter6: Cash And Internal Control
Section: Chapter Questions
Problem 6.4E
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Compute for adjusted balance per book and per bank. Case 1: Use the following information to compute for the adjusted cash balance as of end of August 2018. Balance per bank statement, 8/30/2018 Outstanding checks 8/30/2018 NSF check returned 8/30/2018 P60,280 10,400 900 Deposit in transit 8/30/2018 Service charge for April 8,000 40
Transcribed Image Text:Compute for adjusted balance per book and per bank. Case 1: Use the following information to compute for the adjusted cash balance as of end of August 2018. Balance per bank statement, 8/30/2018 Outstanding checks 8/30/2018 NSF check returned 8/30/2018 P60,280 10,400 900 Deposit in transit 8/30/2018 Service charge for April 8,000 40
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