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The following information was available to the accountant of Scarlet Co. when preparing the monthly bank reconciliation: Cash balance per bank statement $ 1,025 Cash
The following information was available to the accountant of Scarlet Co. when preparing the monthly bank reconciliation: Cash balance per bank statement $ 1,025 Cash balance per books (prior to reconciliation) 725 Outstanding check #643 552 Outstanding check #651 48 Bank service charges 30 Customer check returned by bank as NSF 45 Deposits in transit 240 Interest received from bank 15
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