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Business, 06.05.2020 05:34 gamerella101

A bank statement shows a balance of $8,695 at June 30. The bank reconciliation is prepared and includes outstanding checks of $2,045, deposits in transit of $1,370, and a bank service charge of $20. Among the paid checks returned by the bank was check no. 900 in the amount of $490, which the company had erroneously recorded in the accounting records as $60. The "adjusted cash balance" at June 30 is:

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A bank statement shows a balance of $8,695 at June 30. The bank reconciliation is prepared and inclu...
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