Question: Enabled Second Midterm Em Multi Help Save Ex Claybom Company deposits all cash receipts on the day they are received and makes all cash payments
Enabled Second Midterm Em Multi Help Save Ex Claybom Company deposits all cash receipts on the day they are received and makes all cash payments by check At the those of users on May 31, its Cash account shows a debit balance of $28.025. Clayborn's Maybank statement shows a $24.600 balance in the bank Determine the adjusted cash balance using the following information Deposit in transit Outstanding checks Bank service fees, not yet recorded by company A NSF check from a customer, not yet recorded by the company $8,500 $6,800 $ 135 $1,590 The adjusted cash balance should be Multiple Choice D $26.325
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