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6.The following information was available to the accountant of MLD when preparing the monthly bank reconciliation: Outstanding cheques: #643 for $502 #651 for $43 Bank
6.The following information was available to the accountant of MLD when preparing the monthly bank reconciliation: Outstanding cheques: #643 for $502 #651 for $43 Bank service charges $25 Deposits in transit $190 Customer note receivable collected by bank $500 Cash balance per bank statement $975 Cash balance per books (prior to reconciliation) $145
What is the corrected cash balance per books following completion of the reconciliation?
Multiple Choice $120. $430. $620. $645.
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