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Alvin Electronics is in the process of reconciling its bank account for the month of November. The following information is available Balance per bank statement

  1. Alvin Electronics is in the process of reconciling its bank account for the month of November. The following information is available

Balance per bank statement $8,325

Outstanding checks 2,400

Deposit outstanding (in transit) 1,215

Bank service charge for November 35

Check written by Alvin for $300 but recorded by Alvin

As a$30 disbursement

What should be the corrected cash balance At the end of November?

  1. $6,870
  2. $7,140
  3. $6,835
  4. $7,105

10b) journalize the transactions

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