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Somerset Company's Cash account shows an ending balance OA. $550 OB. $678 OC. $862 D. $458 $770. The bank statement shows a $12 service charge
Somerset Company's Cash account shows an ending balance OA. $550 OB. $678 OC. $862 D. $458 $770. The bank statement shows a $12 service charge and an NSF check for $80. A $280 deposit is in transit, and outstanding checks total $500. What is Somerset's adjusted cash balance?
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