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At July 31, Vaughn Company has the following bank information: cash balance per bank $8,240, outstanding checks $752, deposits in transit $1,301, and a bank service charge $28. Determine the adjusted cash balance per the bank at July 31. Adjusted cash balance per bank   $

At July 31, Vaughn Company has the following bank information: cash balance per bank $8,240, outstanding checks $752, deposits in transit $1,301, and a bank service charge $28. Determine the adjusted cash balance per the bank at July 31. Adjusted cash balance per bank   $

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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At July 31, Vaughn Company has the following bank information: cash balance per bank $8,240, outstanding checks $752, deposits in transit $1,301, and a bank service charge $28.

Determine the adjusted cash balance per the bank at July 31.

Adjusted cash balance per bank  
$ 
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