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Easton Co . deposits all cash receipts on the day they are received and makes all cash payments by check. At the close of business

Easton Co. deposits all cash receipts on the day they are received and makes all cash payments by check. At the close of business on June 30, Easton's bank statement showed $58,439 on deposit in the bank. Determine the adjusted cash (bank) balance using the following information:
\table[[Deposit in transit,$3,800
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