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If the month-end bank statement shows a balance of $54400, outstanding checks are $14100, a deposit of $6500 was in transit at month end, and

If the month-end bank statement shows a balance of $54400, outstanding checks are $14100, a deposit of $6500 was in transit at month end, and a check for $1000 was erroneously charged by the bank against the account, the correct balance in the bank account at month end is

$46800.

$45800.

$61000.

$47800.

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