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questions 12 and 15 QUESTION 12 The following data were gathered to use in reconciling the bank account of Green Valley Company Balance per bank

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QUESTION 12 The following data were gathered to use in reconciling the bank account of Green Valley Company Balance per bank $11,237 Balance per company record Bank service charges Deposit in transit NSF check Outstanding checks What is the adjusted balance on the bank reconciliation? a. $10,150 b. $18,065 c. $15,200 d. $11,250 QUESTION 15 How will the following adjusting journal entry affect the accounting equation? 11,500 11,500 Uneamed Subscriptions Subscriptions Earned O a. increase assets, increase revenues b. decrease liabilities, decrease revenues c. decrease liabilities, increase revenues d. increase liabilities, increase revenues QUESTION 16

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