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What were the May deposits in transit and the outstanding checks given this data: April 30th BANK RECONCILIATION Balance per bank$26,746Add: Deposits in transit2,100Deduct: Outstanding
What were the May deposits in transit and the outstanding checks given this data:
April 30th BANK RECONCILIATIONBalance per bank$26,746Add: Deposits in transit2,100Deduct: Outstanding checks-3,800Balance per books$25,046Month of May ResultsPer BankPer BooksBalance May 31$27,995$24,355May deposits10,00012,889May checks11,10016,080May note collected(not included in April deposits)3,000-0-May bank service charge35-0-May NSF check of a customer returned by the bank900-0-
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