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The Roscoe Company's March 31 bank statement balance was $70,500. As of March 31, outstanding checks total $22,200 and deposits in transit total $15,100. Assuming
The Roscoe Company's March 31 bank statement balance was $70,500. As of March 31, outstanding checks total $22,200 and deposits in transit total $15,100. Assuming there are no other reconciling items, what was the March 31 cash balance on Roscoe's books? Multiple Choice O $70,500 $63,400 Oo oo $107,800. $77,600
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