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At April 30, Sheffield Company has the following bank information: cash balance per bank $2370; outstanding checks $383; deposits in transit $278; credit memo
At April 30, Sheffield Company has the following bank information: cash balance per bank $2370; outstanding checks $383; deposits in transit $278; credit memo for interest $57; bank service charge $8. What is Sheffield's adjusted cash balance on April 30? $2330 O $2370 $2265 O $2419
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