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Cardinal Company's bank howed a ba 31, what balance should Cardinal's Cash account show? $276.640 DOW SOS ONNOS ocesos IVORCOLS buy bueno que passa a

Cardinal Company's bank howed a ba 31, what balance should Cardinal's Cash account show? $276.640 DOW SOS ONNOS ocesos IVORCOLS buy bueno que passa a

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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siubject : accounting

 

Cardinal Company's bank statement showed a balance at May 31 of $206,400. The only reconciling items consisted of a large number of outstanding checks totaling $70.240. At May 31, what balance should Cardinal's Cash account show? Multiple Choice O $276.640 $206,400 $120.00 $65.920 16
Transcribed Image Text:Cardinal Company's bank statement showed a balance at May 31 of $206,400. The only reconciling items consisted of a large number of outstanding checks totaling $70.240. At May 31, what balance should Cardinal's Cash account show? Multiple Choice O $276.640 $206,400 $120.00 $65.920 16
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