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1.In preparing its bank reconciliation for the month of February.Orange Company has available the following information: Balance per bank statement, February 28 Deposit in transit,
1.In preparing its bank reconciliation for the month of February.Orange Company has available the
following information:
Balance per bank statement, February 28
Deposit in transit, February 2
Outstanding checks, February 28
Checks erroneously deducted by bank from Orange' account, Feb. 10
Bank service charges for February
P18,025
3,125
2,875
125
25
What is the correct cash balance at February 28?
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