At July 31, Ramirez Company has the following bank information: cash balance per bank $7,420, outstanding checks

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At July 31, Ramirez Company has the following bank information: cash balance per bank $7,420, outstanding checks $762, deposits in transit $1,620 and a bank service charge $20. Determine the adjusted cash balance per bank at July 31.

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Accounting Principles

ISBN: 9781118566671

11th Edition

Authors: Jerry Weygandt, Paul Kimmel, Donald Kieso

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