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A Company Received a Bank Statement with a Balance of $6,350

Question 20

Multiple Choice

A company received a bank statement with a balance of $6,350. Reconciling items included a bookkeeper error of $300-a $300 check recorded as $600-two outstanding checks totaling $820, a service charge of $25, a deposit in transit of $280, and interest revenue of $21. What is the adjusted bank balance?


A) $5,636
B) $5,610
C) $5,016
D) $5,810

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