Easton Co deposits all cash receipts on the day they are received and makes all cash payments by check At the close of business

Question

Easton Co deposits all cash receipts on the day they are received and makes all cash payments by check At the close of business on June 30 its Cash account shows a debit balance of 60 209 Easton s June bank statement shows a 58 349 balance in the bank Determine the adjusted cash balance using the following information Deposit in transit Outstanding checks Check printing fee not yet recorded by company Interest earned not yet recorded by the company The adjusted cash balance should be Multiple Choice 60 194 60 239 62349 3 800 1 925 15 30

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