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Question
Savannah Company gathered the following reconciling information in preparing its October bank reconciliation. Determine the adjusted balance on October 31.
Balance per bank $16,750
Balance per company records 16,125
Bank service charges 80
Deposit in transit 2,195
NSF check 950
Outstanding checks 3,850
a. $14,470
b. $10,705
c. $15,095
d. $15,720
Answer
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