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The bank statement balance is $5,000 and shows a service charge of $24, interest eamed of $7, and an NSF cheque for $240. Depos ts
The bank statement balance is $5,000 and shows a service charge of $24, interest eamed of $7, and an NSF cheque for $240. Depos ts in transit total $1,100, outstanding cheques are $520. The bookkeeper recorded as $167 a cheque of $137 in payment of an account payable (1) What is the adjusted bank balance? 2) What was the book balance of cash before the reconciliation? (1) What is the ad usted bank balance? The adjusted bank balance is (2) What was the book balance of cash before the reconcliation? The book balance of cash before the reconcliation was $
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