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The cash account shows a balance of $84890 before reconciliation. The bank statement does not include a deposit of $4500 made on the last day

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The cash account shows a balance of $84890 before reconciliation. The bank statement does not include a deposit of $4500 made on the last day of the month. The bank statement shows a collection by the bank of $1780 and a customer's check for $650 was returned because it was NSF. A customer's check for $870 was recorded on the books as $1030, and a check written for $145 was recorded as $187. The correct balance in the cash account was $90402 $86222 $85818 $85902 In preparing its May 31, 2017 bank reconciliation, Crane Company has the following information available: Balance per bank statement, 5/31/17 Deposit in transit, 5/31/17 Outstanding checks, 5/31/17 Note collected by bank in May $35000 5000 3000 1200 The correct balance of cash at May 31, 2017 is $31063. $37000. $29970 $32160

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