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Based on the following information, determine the true balance in your checking account: Balance in your checkbook = $401 Balance on bank statement = $512

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Based on the following information, determine the true balance in your checking account: Balance in your checkbook = $401 Balance on bank statement = $512 Service charge and other fees = $18 Interest earned on the account = $6 Total of outstanding checks = $198 Deposits in transit = $75

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