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Grace Company gathered the following reconciling information in preparing its July bank reconciliation: Cash balance per books, 7/31 Deposits in transit $4,500 150 Notes
Grace Company gathered the following reconciling information in preparing its July bank reconciliation: Cash balance per books, 7/31 Deposits in transit $4,500 150 Notes receivable and interest collected by bank 850 Bank charge for check printing 20 2,000 170 Outstanding checks NSF check The adjusted cash balance per the books on July 31 is Oa. $3,310. O b. $5,160. Oc. $5,010. Od. $3,460.
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