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Fairly Company Gathered the Following Reconciling Information in Preparing Its

Question 101

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Fairly Company gathered the following reconciling information in preparing its April bank reconciliation:  Cash balahce per books, 4/30 $4,400 Deposits in transit 600 Notes receivable and interest collected by bank 1,480 Bank charge for check printing 50 Outstanding checks 3,000 NSF check 280\begin{array}{lr}\text { Cash balahce per books, 4/30 } & \$ 4,400 \\\text { Deposits in transit } & 600 \\\text { Notes receivable and interest collected by bank } & 1,480 \\\text { Bank charge for check printing } & 50 \\\text { Outstanding checks } & 3,000 \\\text { NSF check } & 280\end{array} The adjusted cash balance per books on April 30 is


A) $6,150.
B) $5,880.
C) $5,550.
D) $6,110.

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