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29. Marjorie Company showed the following cash balances at December 31, 2016: Per bank statement 2,000,000 Per ledger ? The ff. are the only reconciling

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29. Marjorie Company showed the following cash balances at December 31, 2016: Per bank statement 2,000,000 Per ledger ? The ff. are the only reconciling items: Bank service charge 5,000 Outstanding checks 250,000 Deposit in transit 300,000 What is the adjusted book balance on December 31, 2016? A. 1,995,000 B. 2,050,000 C. 2,000,000 D. 1,950,000

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