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    Accounting Principles Study Set 3
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    Exam 8: Fraud, Internal Control, and Cash
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    At August 31, Litke Company Has This Bank Information: Cash
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At August 31, Litke Company Has This Bank Information: Cash

Question 101

Question 101

Essay

At August 31, Litke Company has this bank information: cash balance per bank $6,950; outstanding checks $762; deposits in transit $1,700; and a bank service charge $20. Determine the adjusted cash balance per bank at August 31, 2010.

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