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What the adjusted cash balance per the books on January

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Question - In the process of reconciling its bank statement for January, Maxi's Clothing's accountant compiles the following information:

Cash balance per company books on January 30 $4,925 Deposits in transit at month-end $1,840 Outstanding checks at month-end $540Bank service charges $27 EFT automatically paid monthly, not yet recorded by Maxi $420 An NSF check returned on a customer account $285

Required - What the adjusted cash balance per the books on January 31?

Reference no: EM133035615

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