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Question 23 2 pts Boeing Company's bank reconciliation shows $1,000 in outstanding deposits. This means that the checks have been recorded in the company's cash

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Question 23 2 pts Boeing Company's bank reconciliation shows $1,000 in outstanding deposits. This means that the checks have been recorded in the company's cash payments journal, but have not yet been recorded by the bank. o the checks have been recorded by the bank, but have not yet been recorded in the company's cash payments journal. o the checks have been recorded in Boeing's cash receipts Journal, but have not been recorded by the bank. O creditors have not yet cashed their checks that Boeing wrote out to pay its outstanding obligations Branson Company uses a periodic inventory system and has the following inventory data for the month of July. July 1 Beginning inventory 30 units at $19/unit July 7 Inventory Purchases 105 units at $20/unit July 22 Inventory Purchases 15 units at $22/unit A physical count of merchandise inventory at July 31 reveals that there are 48 units on hand. Using the FIFO inventory method, the amount allocated to cost of goods sold for July is O $930 O $990 O $2,070 O $2,010

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