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TB MC Qu. 06-139 Clayborn... Clayborn Company' bank reconciliation as of May 31 is shown below. Bank balance + Deposit in transit - Outstanding checks

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TB MC Qu. 06-139 Clayborn... Clayborn Company' bank reconciliation as of May 31 is shown below. Bank balance + Deposit in transit - Outstanding checks Adjusted bank balance $15,800 5,200 -4,600 $16,400 Book balance Bank service fees NSF returned Adjusted book balance $17,025 -25 -600 $16,400 One of the adjusting journal entries that Clayborn must record as a result of the bank recondition includes: Multiple Choice O A debit to Cash of $625 A credit to Cash of $600 A debit to cash of $25 A debit to Cash of $5,200 A credit to Cash of $4,600

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