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