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Business, 12.02.2020 00:58 carthur71

In preparing its bank reconciliation at December 31, Case Company has the following data available:
Balance per bank statement, 12/31$38,075

Deposit in transit, 12/315,200

Outstanding checks, 12/31 6,750

Amount erroneously credited by bank to Case’s account, 12/28 400

Bank service charges for December 75

Case’s adjusted cash in bank balance at December 31 is
A. $36,050
B. $36,450
C. $36,125
D. $36,525

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Answers: 1

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