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The Ending Bank Statement Balance for November Is $9,845

Question 120

Multiple Choice

The ending bank statement balance for November is $9,845. The bank statement shows a service charge of $95, electronic funds receipts of $500, and a NSF check for $350. Deposits in transit total $2,050 and outstanding checks are $1,835. What is the adjusted bank balance?


A) $8,900
B) $10,060
C) $10,115
D) $13,730

Correct Answer:

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