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    Corporate Financial Accounting Study Set 1
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    Exam 7: Internal Control and Cash
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    Which of the Following Would Be Subtracted from the Balance
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Which of the Following Would Be Subtracted from the Balance

Question 27

Question 27

Multiple Choice

Which of the following would be subtracted from the balance per books on a bank reconciliation?


A) outstanding checks
B) deposits in transit
C) notes collected by the bank
D) error by the company in recording a check for $732 as $723

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