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    Calculating the Adjusted Cash Balance Per Books

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    At August 31, Felipe Company has a cash balance per books of $8,011 and the following additional data from the bank statement: charge for printing Felipe
    Company checks $41, interest earned on checking account balance $45, and outstanding checks $870. Determine the adjusted cash balance per books at
    August 31.

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    https://brainmass.com/business/accounting/calculating-the-adjusted-cash-balance-per-books-418762

    Solution Preview

    Please see the attached Excel 97-2003 spreadsheet.

    At August 31, Felipe Company has a cash balance per books of $8,011 and the following ...

    Solution Summary

    This solution illustrates how to calculate the adjusted cash balance per the company's books.

    $2.19

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