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PLEASE PROVIDE ME WITH EXPLANATION BE7.4 Prepare partial bank reconciliation. LO3 At 31 July Ridley Pty Ltd has this bank information: cash balance as per

image text in transcribedPLEASE PROVIDE ME WITH EXPLANATION

BE7.4 Prepare partial bank reconciliation. LO3 At 31 July Ridley Pty Ltd has this bank information: cash balance as per bank $8420; unpresented cheques $862; outstanding deposits $2700; and a bank service charge $20. Determine the balance of the cash at bank account after any required adjustments

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