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Egrane, Inc.'s monthly bank statement showed the ending balance of cash of $19,400. The bank reconciliation for the period showed an adjustment for a deposit
Egrane, Inc.'s monthly bank statement showed the ending balance of cash of $19,400. The bank reconciliation for the period showed an adjustment for a deposit in transit of $1,950, outstanding checks of $2,900, a NSF check of $1,600, bank service charges of $75 and the EFT from a customer in payment of the customer's account of $2,400.
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