Accounting For Managers MBA Courses

 The following information pertains to Blossom Company.

1.Cash balance per bank, July 31, $7,888.2.July bank service charge not recorded by the depositor $51.3.Cash balance per books, July 31, $7,924.4.Deposits in transit, July 31, $3,260.5.$2,576 collected for Blossom Company in July by the bank through electronic funds transfer. The collection has not been recorded by Blossom Company.6.Outstanding checks, July 31, $699.

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