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Ace Bonding Company had the following cash balance items listed in its trial balance at 12/31/2021: Peterson Savings and Loan: Right Bank: Clinton County Trust
Ace Bonding Company had the following cash balance items listed in its trial balance at 12/31/2021: Peterson Savings and Loan: Right Bank: Clinton County Trust Bank: $ 62,000 (11,000) 22,000 If Ace Bonding reports under U.S. GAAP, its 12/31/2021 balance sheet would show what cash balance? Multiple Choice
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