CCC Inc. deposits all cash receipts on the day they are received and makes all...
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CCC Inc. deposits all cash receipts on the day they are received and makes all cash payments by check. The January general ledger shows $24,327 at the end of the month. A comparison of the bank statement to its general ledger cash account revealed the following: Additionally, interest in the amount of $30 was earned on the bank account but had not been recorded in the general ledger. The adjusted cash balance per the book records should be
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