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3 years ago

The following information pertains to Cullumber Company.

Business

1 answer:

AysviL [449]3 years ago

3 0

Answer:

Cullumber Company

Bank Reconciliation

August 31, 2022

Cash balance as per bank $7,338

Add: Deposit in transit $2,810

$10,148

Less: Outstanding checks $690

Adjusted Cash Balance $9,458

Cash balance per books $7,374

Add: Electronic fund transfer received $2,126

by bank

$9,500

Less: Bank service charges $42

Adjusted Cash balance $9,458

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3 years ago

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$16,000

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2 years ago

Higher nominal interest rates ______ the amount of money demanded and higher real income ______ the amount of money demanded.

Ulleksa [173]

Answer:

decreases

increases

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3 years ago