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In preparing its bank reconciliation for the month of April 2020, Franklin, Inc. has available the following information: Balance per bank statement, 4/30/20 NSF check

In preparing its bank reconciliation for the month of April 2020, Franklin, Inc. has available the following information: Balance per bank statement, 4/30/20 NSF check returned with 4/30/20 bank statement $60,410 625 Deposits in transit, 4/30/20 7,500 Outstanding checks, 4/30/20 7,800 Bank service charges for April 30 What should be the adjusted Bank balance at April 30, 2020? $60,110 $59,405 $59,435 $60,755 Previous Page Next Page Page 4 of 15

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