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show work The following items appeared on the January 31 bank reconciliations for Shelly Company Outstanding Checks: $100 NSF Check: $6 Bank Service Charge: $8

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The following items appeared on the January 31 bank reconciliations for Shelly Company Outstanding Checks: $100 NSF Check: $6 Bank Service Charge: $8 . Deposit in Transit: $80 Error: Deposit by Shelly for $440 was correctly recorded by Shelly, but recorded for $476 by the bank. Bank collection of Note Receivable for Shelly: $170 of The unadjusted January 31 bank statement balance is $1,000. The adjusted cash balance for the January 31 balance sheet is: Select one: a. $944 b. $1,016 C. $1,122 d. $1,156 e. $980

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