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The ending bank statement balance at November 30 is $7.050. The bank statement shows a service charge of $75. electronic funds receipts of $500 and
The ending bank statement balance at November 30 is $7.050. The bank statement shows a service charge of $75. electronic funds receipts of $500 and a NSF check for $350 Deposits in transit total $2,250 and Outstanding checks are $1,135. The balance per books at November 30 is $8.090 What is the adjusted bank balance at November 302 O A $9.205 OB $8.165 OC 57.125 OD 57050 Tony Company sells equipment for $20,000 cash. The equipment has a historical cost of $68.000 and accumulated depreciation of $54.000. What is the gain or loss on sale of the equipment? O A $6,000 loss OB. $20.000 gain OC. $20,000 loss OD 56.000 gain At the end of the current accounting period, account balances were as follows: Cash, $25.000. Accounts Receivable, 544,000. Common Stock, $21.000: Retained Earnings, 510,000, OA $48,000 OB $59.000 OC. $69.000 OD. $38.000
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