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2 6 Clayborn Company deposits all cash receipts on the day they are received and makes all cash payments by check. At the close of
Clayborn Company deposits all cash receipts on the day they are received and makes all cash payments by check. At the close of business on May its Cash account shows a debit balance of $ Clayborn's May bank statement shows a $ balance in the bank. Determine the adjusted cash balance using the
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following information:
tableDeposit in transit,$
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