balance per book : 4,000,000
bank charges: 10,000
outstanding checks: 950,000
deposit in transit: 1,200,000
customer note collected by bank: 1,500,000
interest on customer note: 60,000
customer check returned NSF : 250,000
depositor's note charged to accoount: 1,000,000
what is the adjusted cash in bank?
please let me see the computation :'(
bank charges: 10,000
outstanding checks: 950,000
deposit in transit: 1,200,000
customer note collected by bank: 1,500,000
interest on customer note: 60,000
customer check returned NSF : 250,000
depositor's note charged to accoount: 1,000,000
what is the adjusted cash in bank?
please let me see the computation :'(