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Problem 7-2 The following information was available for the Zaffran Associates cash account: Cash balance per bank Cash balance per book $10,071.93 Outstanding checks: $10,826.51

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Problem 7-2 The following information was available for the Zaffran Associates cash account: Cash balance per bank Cash balance per book $10,071.93 Outstanding checks: $10,826.51 #105 #111 $75.07 #120 $116.83 NSF check $87.93 Interest income $82.93 Deposits in transit $35.17 Bank's service charge $69.00 1) Reconcile the bank statement to the books. Be sure the bank reconciliation good form

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