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If you could explain the question with the answer Acme, Inc.'s books show an ending cash balance of $15,500 before preparing the bank reconciliation. Given
If you could explain the question with the answer
Acme, Inc.'s books show an ending cash balance of $15,500 before preparing the bank reconciliation. Given the bank reconciliation shows outstanding checks of $4,100, deposits in transit of $3,100, NSF check of $210, and interest earned on the bank account of $120, the company's up-to-date ending cash balance equals:
A:$15,410.
B:$11,310.
C:$14,410.
D:$15,830.
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