The bank reconciliation for the month of December, Jacks Company provided the following information: Balance per bank statement 2,500,000 Deposit in transit 500,000 Debit memo (NSF) 50,000 Outstanding check 300,000 Debit memo (Service charge) 30,000 What is adjusted cash in bank? Feedback The correct answer is: 2,700,000
The bank reconciliation for the month of December, Jacks Company provided the following information:
Balance per bank statement 2,500,000
Deposit in transit 500,000
Debit memo (NSF) 50,000
Outstanding check 300,000
Debit memo (Service charge) 30,000
What is adjusted cash in bank?
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