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At June 30, Mareska Company Has the Following Bank Information

Question 174

Multiple Choice

At June 30, Mareska Company has the following bank information: cash balance per bank €7,200; outstanding checks €560; deposits in transit €1,100; credit memo for interest €20; bank service charge €40.What is Mareska's adjusted cash balance on June 30?


A) €7,720
B) €7,760
C) €6,660
D) €7,740

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