The bank statement for Yarley Company at the end of August showed a balance of $ 12,862.
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Question:
The bank statement for Yarley Company at the end of August showed a balance of $ 12,862. Checks outstanding totaled $ 3,937, and deposits in transit were $ 5,990. If these amounts are the only pertinent data available to you, what was the adjusted balance of cash at the end of August?
Related Book For
Accounting Principles
ISBN: 978-0470533475
9th Edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
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