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Cash balance per bank statement
Value
Add: Deposits in transit
Value
Less: Outstanding checks
Value
Adjusted cash balance per bank
Cash balance per books
Value
Add: Collection of note receivable
Value
Less: Bank service charge
Value
Adjusted cash balance per books
?

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1 cash balance as per bank = 7328$ + deposits in transit = 2738$ - outstanding cheque = 2702$ Adjusted cash balance as per... View the full answer

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