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Business, 19.03.2021 18:40 shavonfriend27
In the process of reconciling its bank statement for January, Maxi's Clothing's accountant compiles the following information:
Cash balance per company books on January 30 $5,325
Deposits in transit at month-end $1,920
Outstanding checks at month-end $580
Bank service charges $31
EFT automatically deducted monthly, not yet recorded by Maxi $500
An NSF check returned on a customer account $325
The adjusted cash balance per the books on January 31 is:
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In the process of reconciling its bank statement for January, Maxi's Clothing's accountant compiles...
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