The 8/31 Cash in Bank account in the Arizona Companys ledger was $20,000. The following 8/31 reconciling
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Question:
The 8/31 Cash in Bank account in the Arizona Company’s ledger was $20,000.
The following 8/31 reconciling items existed:
Bank Service Charge | $100 |
Outstanding Checks | $400 |
Note Collection by bank | $120 |
The balance appearing on the 8/31 bank statement is: $_____________
Related Book For
Financial Accounting Tools for Business Decision Making
ISBN: 978-0470239803
5th Edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
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