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Acct 2101 Formulas > Formulas For Chapter 7 > Flashcards

Formulas For Chapter 7 Flashcards

1
Q

New bank balance

A

Bank
+ deposits in transit
- outstanding checks
+/- bank errors

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2
Q

New book balance

A

Books
+ Electronic Fund Transfer, Collections, Deposits
- No Sufficient funds, bounced checks
- Service charges
+/- company errors

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Acct 2101 Formulas (9 decks)

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