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At April 30, Barker Co.'s cash balance was $10,053 before adjustments, and its April 30 bank statement balance was $9,823. Check number 205 was
At April 30, Barker Co.'s cash balance was $10,053 before adjustments, and its April 30 bank statement balance was $9,823. Check number 205 was issued April 10 in the amount of $36 for supplies, but was recorded in error in Barker's books as $63. The check was correctly listed in the bank statement at $36. The bank statement also included a debit memo for a nonsufficient funds (NSF) check of $330, and a credit memo for interest earned of $20. What was Barker's adjusted or true cash balance at April 30?
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
