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Prepare a Bank reconciliation using the following data: Balance per Bank- $9,350; Balance per G/L- $ 8,510; Bank service charges- $35; Deposit in Transit- $2,350;
Prepare a Bank reconciliation using the following data:
Balance per Bank- $9,350; Balance per G/L- $ 8,510; Bank service charges- $35; Deposit in Transit- $2,350; NSF Check- $1875; Outstanding Checks- $5,100.
What is the Adjusted cash balance for both the Bank and the G/L?
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