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Business, 16.04.2020 01:47 sin16

The Cash account in the ledger of Hensley, Inc. showed a balance of $3,100 at June 30. The bank statement, however, showed a balance of $3,900 at the same date. The only reconciling items consisted of a $700 deposit in transit, a bank service charge of $7, and a large number of outstanding checks. What is the "adjusted cash balance" at June 30?

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The Cash account in the ledger of Hensley, Inc. showed a balance of $3,100 at June 30. The bank stat...

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