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Brief Exercise 7-13 At July 31, Monty Ltd. has the following bank information: cash balance per bank HK$76,842, outstanding checks HK$7,548, deposits in transit HK$11,973, and a bank service charge HK$244. Determine the adjusted cash balance per bank at July 31. The adjusted cash balance per bank HK$

Brief Exercise 7-13 At July 31, Monty Ltd. has the following bank information: cash balance per bank HK$76,842, outstanding checks HK$7,548, deposits in transit HK$11,973, and a bank service charge HK$244. Determine the adjusted cash balance per bank at July 31. The adjusted cash balance per bank HK$

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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Brief Exercise 7-13 At July 31, Monty Ltd. has the following bank information: cash balance per bank HK$76,842, outstanding checks HK$7,548, deposits in transit HK$11,973, and a bank service charge HK$244. Determine the adjusted cash balance per bank at July 31. The adjusted cash balance per bank HK$
Transcribed Image Text:Brief Exercise 7-13 At July 31, Monty Ltd. has the following bank information: cash balance per bank HK$76,842, outstanding checks HK$7,548, deposits in transit HK$11,973, and a bank service charge HK$244. Determine the adjusted cash balance per bank at July 31. The adjusted cash balance per bank HK$
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