Computing Checking Account Balance. Based on the following information, determine the true balance in your checking account.
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Computing Checking Account Balance. Based on the following information, determine the true balance in your checking account.
(See the related Financial Literacy Calculations feature.)
Balance in your checkbook, $356 Balance on bank statement, $472 Service charge and other fees, $15 Interest earned on the account, $4 Total of outstanding checks, $187 Deposits in transit, $60
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