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Duke Company's unadjusted bank balance at March 31 is $6,490. The bank reconciliation revealed outstanding checks amounting to $940 and deposits in transit of $640.

Duke Company's unadjusted bank balance at March 31 is $6,490. The bank reconciliation revealed outstanding checks amounting to $940 and deposits in transit of $640. Based on this information, Duke's true cash balance is:

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  • $7,130.
  • $5,850.
  • $6,190.
  • $6,490.

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