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Based on the following information, determine the true balance in your checking account value: 10.00 points Problem 5-11 Computing Checking Account Balance [1-05] Based on

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Based on the following information, determine the true balance in your checking account

value: 10.00 points Problem 5-11 Computing Checking Account Balance [1-05] Based on the following information, determine the true balance in your checking account. Balance in your checkbook S 386 Balance on bank statement S 511 Service charge and other fees $ 25 Interest earned on the account $ 8 Total of outstanding checks Deposits in transit $ 208 $ 66 True balance References Worksheet Problem 5-11 eBook & Resources Computing Checking Account Balance (L05] Check my work Difficulty: 2 Medium Learning Objective: 05-05 Compare the costs and benefits of different types of payment accounts.

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