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Question
Jamison Company gathered the following reconciling information in preparing its June bank reconciliation. Determine the cash balance per company records (before adjustment) on June 30.
Cash balance per bank, June 30 $13,000
Note receivable collected by bank 4,000
Outstanding checks 7,000
Deposits in transit 2,500
Bank service charge 35
NSF check 1,900
a. $8,065
b. $10,565
c. $15,065
d. $6,435
Answer
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