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RideAnS [48]
3 years ago
9

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                                    <u>$2,810</u>

                                                                        $10,148

Less: Outstanding checks                              <u>$690   </u>

Adjusted Cash Balance                                 <u>$9,458</u>

Cash balance per books                                $7,374

Add: Electronic fund transfer received         <u>$2,126 </u>

by bank

                                                                        $9,500

Less: Bank service charges                           <u>   $42   </u>

Adjusted Cash balance                                 <u>$9,458</u>

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