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Meggan Corporation needs to calculate their June 30 cash balance per books. The following information is available before any adjustments were made based on the monthly bank statement.
Deposits in transit $17,308
Balance per books $208,123
Safe deposit box fee $60
NSF check $1,500
Calculate the adjusted cash balance per books.
Deposits in transit $17,308
Balance per books $208,123
Safe deposit box fee $60
NSF check $1,500
Calculate the adjusted cash balance per books.