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Q 3 . Sullivan Ltd had an unadjusted bank account ledger balance at 3 1 May. The bank statement at the same date showed a
Q Sullivan Ltd had an unadjusted bank account ledger balance at May. The bank statement
at the same date showed a balance of $ Cr Bank service charges for the month were $
and outstanding cheques totaled $ The bank statement revealed that the bank had collected
dividends for the firm of $ and a deposit of $ is not yet recorded on the bank statement.
What is the corrected bank account ledger balance at May?
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