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If the month-end bank statement shows a balance of $145000, outstanding checks are $45000, a deposit of $19500 was in transit at month-end, and a
If the month-end bank statement shows a balance of $145000, outstanding checks are $45000, a deposit of $19500 was in transit at month-end, and a check for $2620 was erroneously charged by the bank against the account, the correct balance in the bank account at month-end is $83120. O $116880. $122120. $167880.
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