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Remaining Time: 42 minutes, 12 seconds. Question Completion Status: QUESTION 26 The bank statement balance is $6,450 and shows a service charge of $30, interest

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Remaining Time: 42 minutes, 12 seconds. Question Completion Status: QUESTION 26 The bank statement balance is $6,450 and shows a service charge of $30, interest earned of $25, and a NSF check for $475. Deposits in transit total $1,850; outstanding checks are $1,125. What is the adjusted bank balance? $5,920 $6,450 56,755 57,175 QUESTION 27 The following information pertains to Michael Technologies Co. March 1- Beginning inventory = 440 units @ $50.00 March 5- Purchased 250 units @ $40.00 March 15- Purchased 100 units @ $45.00 March 18- Sold 600 units $80.00 Sold 600 Units: Units in ending inventory: 190 Units What is the ending inventory for Michael Technologies Co. if it uses the FIFO method? 58,100 58,778 $9,500 $15,200 Click Save and submit to and subd. Click Save All Answers to see all answers

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