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A company's bank statement shows a cash balance of $4,240Comparing the company's cash records with the monthly bank statement reveals several additional cash transactions such
A company's bank statement shows a cash balance of $4,240Comparing the company's cash records with the monthly bank statement reveals several additional cash transactions such as checks outstanding of $2,160, an NSF check from a customer in the amount of $270, interest earned of $37, service fee of $46, and a check for $180 recorded twice by the company
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