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Multiple Choice Question 140 Crane Company assembled the following information in completing its July bank reconciliation: balance per bank $23030; outstanding checks $4610; deposits in
Multiple Choice Question 140 Crane Company assembled the following information in completing its July bank reconciliation: balance per bank $23030; outstanding checks $4610; deposits in transit $7600; NSF check $500; bank service charge $170; cash balance per books $26450. As a result of this reconciliation, Crane will reduce its cash account by $2990 reduce its cash account by $170. reduce its cash account by $670. increase its cash account by $330
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