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The Ending Balance on the Bank Statement for December Is

Question 49

Multiple Choice

The ending balance on the bank statement for December is $1,425.33.The company has outstanding cheques of $263.35, outstanding deposits of $729.61, and incurred bank service fees of $12.00 during the month.The adjusted cash balance for the company as at December 31 is:


A) $947.07
B) $1,891.59
C) $1,879.59
D) $1903.59

Correct Answer:

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