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?????????????? The Cash account in the records of Hensley, Incorporated showed a balance of $5,050 at June 30. The bank statement, however, showed a balance

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The Cash account in the records of Hensley, Incorporated showed a balance of $5,050 at June 30. The bank statement, however, showed a balance of $8,450 at the same date. The only reconciling items consisted of a $1,000 deposit in transit, a bank service charge of $16, and a large number of outstanding checks. What is the total amount of the outstanding checks at June 30? Multiple Choice 0 $4,416. 0 $4,050. 0 $4,400. 0 $3,018

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