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In preparing its bank reconciliation for the month of April 2020, Main, Inc. has the following information available. $100,000 Balance per bank statement, 4/30/20
In preparing its bank reconciliation for the month of April 2020, Main, Inc. has the following information available. $100,000 Balance per bank statement, 4/30/20 Deposits in transit, 4/30/20 12,000 Outstanding checks, 4/30/20 15,000 Bank service charges for April 1,000 What should be the correct cash balance per bank at April 30, 2020? O a. $97,000 O b. $99,000 O $100,000 C. O d. $103,000
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Intermediate Accounting Reporting and Analysis
Authors: James M. Wahlen, Jefferson P. Jones, Donald Pagach
2nd edition
9781305727557, 1285453824, 9781337116619, 130572755X, 978-1285453828
