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The following information applies to the questions displayed below Flynn Company's monthly bank statement showed the ending balance of cash of $20,500. The bank reconciliation

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The following information applies to the questions displayed below Flynn Company's monthly bank statement showed the ending balance of cash of $20,500. The bank reconciliation for the period showed an adjustment for a deposit in transit of $2,500, outstanding checks of $4,000, a NSF check of $2,700, bank service charges of $130 and the EFT from a customer in payment of the customer's account of $3,500

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