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If the month-end bank statement shows a balance of $54300, outstanding checks are $14700, a deposit of $6200 was in transit at month end, and
If the month-end bank statement shows a balance of $54300, outstanding checks are $14700, a deposit of $6200 was in transit at month end, and a check for $800 was erroneously charged by the bank against the account, the correct balance in the bank account at monthend is $62000 545000 546600 $45800
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