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The bank statement for Mat Company revealed a balance of $900, and the checkbook balance showed ...

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The bank statement for Mat Company revealed a balance of $900, and the checkbook balance showed ...

The bank statement for Mat Company revealed a balance of $900, and the checkbook balance showed $1,420. Checks outstanding totaled $35. A check printing charge for $5 was on the bank statement. There was a $50 NSF shown on the bank statement. There was a $500 deposit in transit. What is the reconciled balance?

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$1,045

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$1,095

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$1,040

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$1,365

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None of these

Textbook

Math for Business and Finance: an Algebraic Approach

Edition: 3^rd

Author: Slater

Read 22 times

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More solutions for this book are available here

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