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3. Company's Cash account shows an unadjusted ending balance $850. The bank shows a debit memorandum (payment of a note payable by the bank) $26
3. Company's Cash account shows an unadjusted ending balance $850. The bank shows a debit memorandum (payment of a note payable by the bank) $26 and NSF check for $180. Deposit in transit is $300, and outstanding checks total $470. In addition, a check for $90 is issued for payment of expenses but it is erroneously recorded in accounting books as $80. In the bank reconciliation, what is company's adjusted cash balance? * (3 Points) $686 $634 $654 $464
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