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At July 31, Shabbona Company has the following bank information: cash balance per bank $8,307, outstanding checks $755, deposits in transit $1,724, and a bank

At July 31, Shabbona Company has the following bank information: cash balance per bank $8,307, outstanding checks $755, deposits in transit $1,724, and a bank service charge $25. Determine the adjusted cash balance per bank at July 31.

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