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Findlay, Inc.s April bank statement shows an April 3 0 balance of $ 1 0 , 2 4 0 . Prior to reconciliation, its books

Findlay, Inc.s April bank statement shows an April 30 balance of $10,240. Prior to reconciliation, its books show a cash balance of $11,020. The information below pertains to Findlay, Inc.Deposits in transit$1,600Checks outstanding930Bank service charge20Error in Findlay's records understating cash disbursement360Check of another company charged erroneously against Findlay's bank account230Bank statement shows bank collected a note receivable and interest income for Findlay500The reconciled cash balance at April 30 on the bank reconciliation should be:Question 1 options:A) $10,910B) $ 9,340C) $11,140D) $12,070

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