A business has the following information:Cash balance by bank, December 31, $10,500Deposits in transit, $1,225Notes...
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Accounting
A business has the following information:
Cash balance by bank, December 31, $10,500
Deposits in transit, $1,225
Notes receivable and interest charged by bank, $1,000
Bank check printing fee, $50
Outstanding checks, $450
NSF check, $100
What is the company's adjusted cash balance as of December 31?
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