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On November 30, after all transactions have been recorded, the balance in the company's Cash account has a balance of $27, 202. The company's bank
On November 30, after all transactions have been recorded, the balance in the company's Cash account has a balance of $27, 202. The company's bank statement shows a balance on November 30 of $29, 279 Outstanding checks at November 30 include check in the amount of $1, 525 and check in the amount of $1, 459 A credit memo included with the bank statement indicates that the bank collected $780 on a bearing note receivable for The bank deducted a $10 collection fee and credited the remainder of $770 to account
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