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In preparing its May 31, 2025 bank reconciliation, Marin Co. has the following information available: Balance per bank statement, 5/31/23: $44000 Deposit in Transit, 5/31/25:

In preparing its May 31, 2025 bank reconciliation, Marin Co. has the following information available:

Balance per bank statement, 5/31/23: $44000

Deposit in Transit, 5/31/25: 6230

Outstanding checks, 5/31/25: 5800

Note collected by bank in May: 1340

The correct balance of cash at May 31, 2025 is?

a. 50230

b. 44430

c. 45770

d. 43090

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