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Thompson Company gathered the following reconciling information in preparing its October bank reconciliation: Cash balance per bank, October 31 $ 14,757 Note receivable collected by
Thompson Company gathered the following reconciling information in preparing its October bank reconciliation:
Cash balance per bank, October 31 | $ 14,757 |
Note receivable collected by bank | 6,910 |
Outstanding checks | 7,237 |
Deposits in transit | 4,529 |
Bank service charge | 170 |
NSF check | 2,122 |
Using the above information, determine the cash balance per books (before adjustments) for Thompson Company.
a.$7,431
b.$16,667
c.$26,523
d.$12,049
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