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What is the adjusted cash in bank on december

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Reference no: EM132784658

During the audit of exciting company on december 31 2019, the following data are gathered.

balance charges $80000

bank charges $200

outstanding cheque's $19000

outstanding deposits $24000

customers note collected by bank $30000

interest on customer note $1200

customer check returned NSF $5000

depositors note charged to account $20000

Problem 1: what is the adjusted cash in bank on december 31,2019?

Reference no: EM132784658

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