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What is the adjusted ledger balance of cashas

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Question - Hosung Company's Cash account shows a balance of $1,204 as of August 31 of this year. The balance on the bank statement on that date is $2,073. Checks for $389, $634, and $498 are outstanding. The bank statement shows a check issued by another depositor for $353 (in other words, the bank made an error and charged Hosung Company for a check written by another company). The bank statement also shows an NSFcheck for $272 received from one of Hosung's customers. Service charges for the month were $27. What is the adjusted ledger balance of cashas of August 31?

Reference no: EM132483946

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