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Jenny Company has the unadjusted cash balance per books of $800 and the unadjusted cash balance on its bank statement of $890, only one reconciling
Jenny Company has the unadjusted cash balance per books of $800 and the unadjusted cash balance on its bank statement of $890, only one reconciling item is identified. Which of the following is the reconciling item?
a. Bank services charge of $90
b. Deposit in transit of $90
c. Outstanding cheque of $90 not yet presented to bank
d. NSF cheque of $90
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