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Meredith Company gathered the following reconciling information in preparing its May bank reconciliation: Cash balance per books, 5/31 $3,414 Deposits in transit 113 Notes receivable
Meredith Company gathered the following reconciling information in preparing its May bank reconciliation:
Cash balance per books, 5/31 | $3,414 |
Deposits in transit | 113 |
Notes receivable and interest collected by bank | 910 |
Bank charge for check printing | 37 |
Outstanding checks | 1,480 |
NSF check | 169 |
Find the adjusted cash balance per books on May 31.
Select the correct answer.
$2,788
$1,023
$4,118
$2,047
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