Calculate the adjusted cash balance for this cheque account

Reference no: EM133370061

Question: A company's bank statement balance shows that there is $5112 in the cheque account at the end of the month. Comparing the company's records with the bank statement reveals several additional items, such as outstanding cheques of $2933, deposits in transit of $1098, a dishonoured cheque of $1139, and a bank service charge of $56. Calculate the adjusted cash balance for this cheque account.

Reference no: EM133370061

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