The following items appeared on the January 31 bank reconciliations for Corbett Company: Outstanding checks: $30 NSF Check: $16 Bank Service charge: $9 Deposit in transit: $32 Error: Check written by Corbett for $440 was correctly recorded in the books, but the bank recorded $404 Bank collection of Note receivable for Corbett: $44 The Unadjusted January 31 book balance sheet is $1000 The adjusted cash balance for January 31 balance sheet is?
The following items appeared on the January 31 bank reconciliations for Corbett Company: Outstanding checks: $30 NSF Check: $16 Bank Service charge: $9 Deposit in transit: $32 Error: Check written by Corbett for $440 was correctly recorded in the books, but the bank recorded $404 Bank collection of Note receivable for Corbett: $44 The Unadjusted January 31 book balance sheet is $1000 The adjusted cash balance for January 31 balance sheet is?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
The following items appeared on the January 31 bank reconciliations for Corbett Company:
Outstanding checks: $30
NSF Check: $16
Bank Service charge: $9
Deposit in transit: $32
Error: Check written by Corbett for $440 was correctly recorded in the books, but the bank recorded $404
Bank collection of Note receivable for Corbett: $44
The Unadjusted January 31 book
The adjusted cash balance for January 31 balance sheet is?
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