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6. The following information were derived to help make the bank reconciliation for the month of June by the accounting clerk. Balance as per records

6. The following information were derived to help make the bank reconciliation for the month of June by the accounting clerk.

Balance as per records of the company $80,000

Balance as per bank statement $86,000

Deposit In Transit not yet cleared by bank $30,000

Outstanding Check not yet cleared by bank $28,000

Non-sufficient Fund Check (returned by bank) $16,000

Collection made by bank in behalf of the company $24,000

a. How much is the adjusted bank balance based on bank reconciliation made? ________________

b. How much is the adjusted book balance based on the bank reconciliation made? _____________

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