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QUESTION
Bluejay Corp. prepared a bank reconciliation as of July 31, 2009. The following items were identified: Bluejay's bank statement balance: $14,300...
Bluejay Corp. prepared a bank reconciliation as of July 31, 2009. The following items were identified:
Bluejay's bank statement balance: $14,300
Deposit in transit: 1,000
Outstanding checks: 1,300
Bank service charges: 50
Customer's NSF check returned by the bank: 150
What is Bluejay's adjusted cash balance at July 31st?
