At July 31, Oriole Company has this bank information: cash balance per bank $8,085, outstanding checks $755, deposits in transit $1,390 and a bank service charge $25. Determine the adjusted cash balance per bank at July 31.

The adjusted cash balance per bank at July 31 is $8,720

Explanation:

Adjusted cash balance is the cash balance calculated after required adjustments in the balance as per bank or balance as per record of the entity having that bank account.

Accroding to the bank reconciliation statement

Adjusted Balance can be calculated as follow

Cash balance as per Bank $8,085

Less: Outstanding Checks $755

Add: Deposit in transit $1,390

Adjusted Cash balance $8,720

there was no passage listed but using the process of elimination i'd say it was d. the high economy would do the opposite. i don't see how low prices would affect it. high unemployment is possible but i feel d is the better answer.

answer; the coefficient of determination;