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What adjustment is required in the depositor's accounts to record outstanding checks? a. Increase Cash; decrease Accounts Receivable b. Increase Accounts Receivable; decrease Cash c.

What adjustment is required in the depositor's accounts to record outstanding checks?

a. Increase Cash; decrease Accounts Receivable

b. Increase Accounts Receivable; decrease Cash

c. No adjustment needed

d. Increase Cash; increase Accounts Payable

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