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Business, 04.08.2021 03:50 KaliBratz

In the process of reconciling its bank statement for January, Maxi's Clothing's accountant compiles the following information: Cash balance per company books on January 31 $6,625
Deposits in transit at month-end $2,180
Outstanding checks at month-end $710
Bank service charges $44
EFT automatically paid monthly, not yet recorded by Maxi $760
An NSF check returned on a customer account $455
The adjusted cash balance per the books on January 31 is:
a) $7,546
b) $6,836
c) $5,366
d) $6,487
e) $6,974

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