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Easton Co. deposits all cash receipts on the day they are received and makes all of business on June 30, its Cash account shows a

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Easton Co. deposits all cash receipts on the day they are received and makes all of business on June 30, its Cash account shows a debit balance of $63,209. Easton's June bank statement shows $60,749 on deposit in the bank. Determine the adjusted cash balance using the following information: Deposit in transit Outstanding checks Check printing fee, not yet recorded by company Interest earned on account, not yet recorded by the company $4,700 $2,225 $ 21 $ 36 The adjusted cash balance should be: Multiple Choice $63,188 $63,188 S63245 $65,449 S58,524

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