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Thomas Peter Company prepares bank reconciliations that adjust to the correct balance of cash, based on the following: Outstanding checks $ 708 Note collected for

Thomas Peter Company prepares bank reconciliations that adjust to the correct balance of cash, based on the following:

Outstanding checks

$ 708

Note collected for Thomas Peter by bank

2,200

Bank service charges

108

Check written for $392 incorrectly recorded in books at $356;

check cleared the bank for $392

36

NSF check

328

Unadjusted book balance

13,196

Deposits in transit

768

Determine the adjusted cash balance.

Select one:

A. $14,996

B. $15,632

C. $14,924

D. $14,216

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