At July 31, Rai Company has the following bank information: cash balance per bank $9,375, outstanding cheques

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At July 31, Rai Company has the following bank information: cash balance per bank $9,375, outstanding cheques $875, deposits in transit $2,260, and a bank service charge $20. Determine the adjusted cash balance per bank at July 31.

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Related Book For  answer-question

Accounting Principles Volume 1

ISBN: 9781119786818

9th Canadian Edition

Authors: Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel, Barbara Trenholm, Valerie Warren, Lori Novak

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