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A companys unadjusted bank balance is $3,000. Outstanding checks amount to $500 and deposits in transit total $300. Based on this information alone, what is

A companys unadjusted bank balance is $3,000. Outstanding checks amount to $500 and deposits in transit total $300. Based on this information alone, what is the companys adjusted cash balance for the purpose of preparing a bank reconciliation?

a. $3,200

b. $2,700

c. $3,300

d. $2,800

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