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At June 30, Sheffield Company has the following bank information: cash balance per bank $1860; outstanding checks $330; deposits in transit $290; credit memo for

At June 30, Sheffield Company has the following bank information: cash balance per bank $1860; outstanding checks $330; deposits in transit $290; credit memo for interest $70; bank service charge $12. What is Sheffield's adjusted cash balance on June 30?

a. $1918

b. $1820

c. $1860

d. $1872

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