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At April 30 Dorale Company Has the Following Bank Information

Question 62

Multiple Choice

At April 30 Dorale Company has the following bank information: cash balance per bank $2500; outstanding checks $385; deposits in transit $260; credit memo for interest $50; bank service charge $15. What is Dorale's adjusted cash balance on April 30?


A) $2375
B) $2440
C) $2500
D) $2660

Correct Answer:

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