Question: Comparing Checking Account Balance: Based on the following information, determine the true balance in your checking account. Balance in your checkbook ......... $356 Balance on

Comparing Checking Account Balance: Based on the following information, determine the true balance in your checking account.

Balance in your checkbook ......... $356

Balance on bank statement .......... $472

Service charge and other fees ........ $15

Interest earned on the account ........ $4

Total of outstanding checks ......... $187

Deposits in transit ............... $60


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