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Owen Company's unadjusted book balance at June 30 is $9,700 The company's bank statement reveals bank service charges of $45 Two credit memos are included

Owen Company's unadjusted book balance at June 30 is $9,700 The company's bank statement reveals bank service charges of $45 Two credit memos are included in the bank statement one for $900, which represents a collection that the bank made for Owen, and one for $50, which represents the amount of interest that Owen had earned on its interestbearing account in June What is the true cash balance

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