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In the process of reconciling its bank statement for January, Maxi's Clothing's accountant compiles the following information Cash balance per company books on January 30
In the process of reconciling its bank statement for January, Maxi's Clothing's accountant compiles the following information Cash balance per company books on January 30 Deposits in transit at month-end Outstanding checks at month-end Bank service charges An NSF check returned on a customer account $4,725 $1,800 $ 520 $ 25 $ 265 The adjusted cash balance per the books on January 31 is: Multiple Choice $5,855 $5,335 $4,435 $4,815 $4,585
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