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RT Company's Cash account shows an ending balance of $1, 850. The bank statement shows a $52 service charge and an NSF check for $280.
RT Company's Cash account shows an ending balance of $1, 850. The bank statement shows a $52 service charge and an NSF check for $280. Other records indicate that a $240 deposit is in transit, and outstanding checks total $535. What is RT's adjusted cash balance? A. $1, 223 B. $1, 518 C. $1, 555 D. $2, 078
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