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Ellen's Shop ledger balance is $8,900 and the bank balance for the month shows a balance of $10,650. However, there are $1,750 worth of outstanding
Ellen's Shop ledger balance is $8,900 and the bank balance for the month shows a balance of $10,650. However, there are $1,750 worth of outstanding checks issued by the company. The bank reconciliation for this item would be to:
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Equity Asset Valuation
Authors: Jerald E. Pinto, Elaine Henry, Thomas R. Robinson, John D. Stowe, Abby Cohen
2nd Edition
