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

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At July 31, Martinez Company has the following bank information: cash balance per bank $7,420, outstanding checks $762, deposits in transit $1,120, and a bank service charge $20. Determine the adjusted cash balance per bank at July 31.

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Accounting Principles

ISBN: 978-0470534793

10th Edition

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

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