Question

At July 31, Ivanhoe Company has this bank information: cash balance per bank $8,925, outstanding checks...

At July 31, Ivanhoe Company has this bank information: cash balance per bank $8,925, outstanding checks $790, deposits in transit $1,285 and a bank service charge $50.

Determine the adjusted cash balance per bank at July 31.

The adjusted cash balance per bank at July 31
0 0
Add a comment Improve this question Transcribed image text
Answer #1
Cash balance per bank 8925
Add: Deposits in transit 1285
Less: Outstanding checks -790
The adjusted cash balance per bank at July 31 9420
Add a comment
Know the answer?
Add Answer to:
At July 31, Ivanhoe Company has this bank information: cash balance per bank $8,925, outstanding checks...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT