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Calculate, from the Following Information Accumulated by Bob Verna, the Adjusted

Question 160

Multiple Choice

Calculate, from the following information accumulated by Bob Verna, the adjusted cash balance at the end of July. Bank statement ending cash balance $6,000
General ledger cash balance ending 8,500
Bank monthly service charge 90
Deposits in transit 5,000
Outstanding cheques 3,000
NSF cheque returned with bank statement 410


A) $6,000
B) $8,500
C) $8,000
D) $11,000

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