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The following Information was taken from a company's bank reconciliation at the end of the year: Bank balance Checks outstanding Note collected by the bank
The following Information was taken from a company's bank reconciliation at the end of the year: Bank balance Checks outstanding Note collected by the bank Service fee Deposits outstanding NSF check $9,300 $ 7,400 $1,300 $ 24 $5,800 $ 390 What is the correct cash balance that should be reported in the company's balance sheet at the end of the year? Multiple Choice $10,210 $7,676. oooo $8,910 $7,700
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