4. Use the following information from Jim's T-Shirt Shop to answer the following questions. Checkbook balance:...
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4. Use the following information from Jim's T-Shirt Shop to answer the following questions. Checkbook balance: $6,105.42 on July 31 Bank statement: $4,146.46 on July 31 a. NSF check from a customer for $21.25 (debit memo from bank) b. deposit made on July 31 not yet recorded by bank $1,948.25 c. bank services charges of $18.50 (debit memo from bank) d. checks not cleared during July of $152.38 e. check written for $18.90 was deducted as $19.80 by the bank f. check written for $145.60 was recorded in checkbook as $14.56 What is the adjusted bank balance? 4. Use the following information from Jim's T-Shirt Shop to answer the following questions. Checkbook balance: $6,105.42 on July 31 Bank statement: $4,146.46 on July 31 a. NSF check from a customer for $21.25 (debit memo from bank) b. deposit made on July 31 not yet recorded by bank $1,948.25 c. bank services charges of $18.50 (debit memo from bank) d. checks not cleared during July of $152.38 e. check written for $18.90 was deducted as $19.80 by the bank f. check written for $145.60 was recorded in checkbook as $14.56 What is the adjusted bank balance?
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Related Book For
College Accounting
ISBN: 978-1111528126
11th edition
Authors: Tracie Nobles, Cathy Scott, Douglas McQuaig, Patricia Bille
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