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A Company Received a Bank Statement Showing a Balance of $75,100

Question 57

Multiple Choice

A company received a bank statement showing a balance of $75,100. Reconciling items included outstanding checks of $2,250, and a deposit in transit of $9,500. What is the company's adjusted bank balance?


A) $63,350
B) $67,850
C) $82,350
D) $65,600

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