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    Fundamental Accounting Principles Study Set 1
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    Exam 8: Cash and Internal Controls
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    Outstanding Checks, Deposits in Transit, and Bank Service Charges Are
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Outstanding Checks, Deposits in Transit, and Bank Service Charges Are

Question 119

Question 119

True/False

Outstanding checks, deposits in transit, and bank service charges are added to the beginning balance of the bank statement to determine the adjusted bank balance.

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