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The Amount of Cash to Be Reported on the Balance

Question 161

Multiple Choice

The amount of cash to be reported on the balance sheet at June 30 is the


A) total of the cash column in the cash receipts journal as of June 30
B) adjusted balance appearing in the bank reconciliation for June 30
C) total of the cash column in the cash payments journal as of June 30
D) balance as of June 30 on the bank statement

Correct Answer:

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