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If a check written by a firm is not canceled by the bank and returned with the month's bank statement, the firm should Multiple Choice

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If a check written by a firm is not canceled by the bank and returned with the month's bank statement, the firm should Multiple Choice adjust the balance in the firm's checkbook to reflect the data that appears in the bank's records Immediately notify the bank requesting that it correct its records consider this check as outstanding when preporing the bank reconciliation consider this check to be lost and is a replacement check

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