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K Fred Keenen Company operates four bowling alleys. The business just received the October 31, 2024, bank statement from City National Bank, and the statement

K Fred Keenen Company operates four bowling alleys. The business just received the October 31, 2024, bank statement from City National Bank, and the statement shows an ending balance of $885. Listed on the statement are an EFT rent collection of $390, a service charge of $10, NSF checks totaling $75, and a $22 charge for printed checks. In reviewing the cash records, the business identified outstanding checks totaling $480 and a deposit in transit of $1,755. During October, the business recorded a $320 check by debiting Salaries Expense and crediting Cash for $32. The business's Cash account shows an October 31 balance of $2,165. tober 31 bala Read the requirements. vent con
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Fred Keenen Company operates four bowling alleys. The business just received the October 31, 2024, bank statement from City National Bank, and the statement shows an ending balance of 5885 . Listed on the statement are an EFT rent collection of $390, a service charge of $10, NSF checks totaling $75, and a $22 charge for printed checks, In reviewing the cash records the business identified outstanding checks totaling $480 and a deposit in transit of $1,755. During October, the business recorded a $320 check by debiting Salaries Expense and crediting Cash for $32. The business's Cash account shows an October 31 balance of $2,165 Fred Keenen Company operates four bowling alleys. The business just received the October 31, 2024, bank statement from City National Bank, and the statement shows an ending balance of 5885 . Listed on the statement are an EFT rent collection of $390, a service charge of $10, NSF checks totaling $75, and a $22 charge for printed checks, In reviewing the cash records the business identified outstanding checks totaling $480 and a deposit in transit of $1,755. During October, the business recorded a $320 check by debiting Salaries Expense and crediting Cash for $32. The business's Cash account shows an October 31 balance of $2,165

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