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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
- 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?
- $6,870
- $7,140
- $6,835
- $7,105
10b) journalize the transactions
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