(Solved):Q: At August 31, Sh…

Question:

Question

At August 31, Sheridan Company has a cash balance per books of $7,750 and the following additional data from the bank statement: charge for printing Sheridan Company checks $58, interest earned on checking account balance $41, and outstanding checks $820.

Determine the adjusted cash balance per books at August 31.

Adjusted cash balance per books  
$

 

Expert Answer:

Step 1

Adjusted Cash Balance

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