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If the month-end bank statement shows a balance of $55200, outstanding checks are $15900, a deposit of $5600 was in transit at month end,
If the month-end bank statement shows a balance of $55200, outstanding checks are $15900, a deposit of $5600 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 month end is $64700. CO $44900. O $45700, O $44100.
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