The bank statement shows a checking account balance of $5,500. There are outstanding checks totaling $600, an
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The bank statement shows a checking account balance of $5,500. There are outstanding checks totaling $600, an outstanding deposit of $400, and a bank service charge of $15. The cash account balance should be
a. $5,300.
b. $5,700.
c. $5,285.
d. none of the above.
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