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Grace Company gathered the following reconciling information in preparing its July bank reconciliation: Cash balance per books, July 31 $4,100 Deposits in transit 140
Grace Company gathered the following reconciling information in preparing its July bank reconciliation: Cash balance per books, July 31 $4,100 Deposits in transit 140 Notes receivable and interest collected by bank 650 Bank charge for check printing Outstanding checks NSF check The adjusted cash balance per the books on July 31 is O a. $4,230. Ob. $4,560. 20 2,000 170 Oc. $4,420. Od. $4,240.
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