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Chapter 8 Quls 3 Big Bird has hable of depositing all cash receipts on the...

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Accounting

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Chapter 8 Quls 3 Big Bird has hable of depositing all cash receipts on the day they we received and he makes all cash payments by check. At the close of business on May 31, Big Birds Cash account shows a debt balance of $24.662. Big Birds Maybank statement shows $23,437 on deposit in the bank Determine what Big Bird's adjusted cash balance should using this information: Deposit in transit Outstanding checks Bank service fees, not yet recorded by company The bank collected on a note receivable, not yet recorded by the company $6,200 $ 165 Big Bird's adjusted cash balance Multiple Choice $37 o o o S4 525.352 MacBook Air * 44 : 30 F A $ 4 % 5 & 7 3 8 0 2 6 9 W E R Y U 0 S D F G H J

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