In preparing its August 31, 2010 bank reconciliation, Adel Corp. has available the following information: Balance per bank statement, 8/31/10 $21,650 Deposit in transit, 8/31/10 3,900 Return of customer's check for insufficient funds, 8/30/10 600
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ritchett Co. reported the following year-end dа ta: Cash $ 15,000 Short-term investments $ 5,000 Accounts receivable (current) $ 8,000 Inventory $ 20,000 Other current assets $ 6,000 Total current liabilities $ 20,000 Compute the (a) current
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