bank statement shows the cash balance of 430.65
the register of the account owner shows an outstanding deposit of 45.00 and a outstanding check of 180.90. compute adjusted bank balance
bank statement shows the cash balance of 430.65
the register of the account owner shows an outstanding deposit of 45.00 and a outstanding check of 180.90. compute adjusted bank balance
"Outstanding" means recorded in your records but not in the bank's;
like you wrote a check on Nov 29th, recorded it in your records, but the
check still had not been processed by bank statement date of Nov 30th;
so adjusted bank balance = 430.65 + 45.00 - 180.90
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