Question

chapter 4
exercises:

very short answer:

all quetion

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Answer 1

Answer:

Exercise H Holder Company deposits all cash receipts intact each day and makes all payments by check. On October 31, after all, the posting was completed, its Cash account had a debit balance of $ 4,325. The bank statement for the month ended on October 31 showed a balance of $ 3,988. Other data are: Outstanding checks total $ 425.

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