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H3Ko H3Ko
wrote...
Posts: 4891
7 years ago
The following information is available for Jack's, Inc. for the current month.

Book balance end of month   $7,000
Outstanding checks   675
Deposits in transit   4,000
Service charges   80
Interest revenue   40

What is the adjusted book balance on the bank reconciliation?
A) $6,880
B) $6,960
C) $10,205
D) $7,635
Textbook 
Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
Authors:
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Mrgo-breedMrgo-breed
wrote...
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Posts: 2227
7 years ago
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H3Ko Author
wrote...
7 years ago
YES! Can't believe I got this one right. Appreciate the confirmation
wrote...
7 years ago
I'm liking this Slight Smile
wrote...
4 years ago
Thanks for this
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