Annapolis Company’s bank statement indicated an ending cash balance of $8,440. Alpha’s accountant discovered that outstanding checks amounted to $565 and deposits in transit were $760
7.Annapolis Company’s bank statement indicated an ending cash balance of $8,440. Alpha’s accountant discovered that outstanding checks amounted to $565 and deposits in transit were $760. Additionally, the bank statement showed service charges of $35. What is the correct adjusted ending cash balance 8.Baltimore Company uses aging to estimate uncollectibles. At the end of the fiscal year, […]