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5-11 Computing Checking Account Balance [LO5-5] Based on the following information, determine the true balance in your checking account. Balance in your checkbook 380 Interest

5-11 Computing Checking Account Balance [LO5-5] Based on the following information, determine the true balance in your checking account. Balance in your checkbook 380 Interest earned on the account $ Balance on bank statement 498 Total of outstanding checks 203 Service charge and other fees 25 Deposits in transit 65 True balance

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