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Sam Ltd. gathered the following reconciling information in preparing its November bank reconciliation: $72,200 14,400 Cash balance per ledger, November 30 Electronic collection of account

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Sam Ltd. gathered the following reconciling information in preparing its November bank reconciliation: $72,200 14,400 Cash balance per ledger, November 30 Electronic collection of account Outstanding cheques Deposits in transit 27,200 36,200 Bank service charge 7,300 cheque 5,750 The reconciled cash balance per books at November 30 is 1) $73,550.00 2) $78,550.00 3) $33,350.00 4) $42,350.00

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