At March 31, Cummins Co. Had a balance and it's cash account of $10,400. At the end
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At March 31, Cummins Co. Had a balance and it's cash account of $10,400. At the end of March the company determined that it had outstanding checks of $1,095, deposits in transit of $690, a bank service charge of $35, and NSF check from a customer for $215. The true cash balance at March 31 is:
- $9,995
- $10,150
- $10,400
- $9,700
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