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At June 30, Mareska Company Has the Following Bank Information

Question 122

Multiple Choice

At June 30, Mareska Company has the following bank information: cash balance per bank $3,600; outstanding checks $280; deposits in transit $550; credit memo for interest $10; bank service charge $20. What is Mareska's adjusted cash balance on June 30?


A) $3,860
B) $3,880
C) $3,330
D) $3,870

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