Business, 05.07.2020 14:01 aurorasweetpea610

Ryan Company deposits all cash receipts on the day they are received and makes all cash payments by check. Ryan's June bank statement shows $26,361 on deposit in the bank. Ryan's comparison of the bank statement to its cash account revealed the following: Deposit in transit 3,050 Outstanding checks 1,269 Additionally, a $38 check written and recorded by the company correctly, was recorded by the bank as a $83 deduction. The adjusted cash balance per the bank records should be:

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