If the month-end bank statement shows a balance of $51,000, outstanding cheques are $14,000, a deposit of
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If the month-end bank statement shows a balance of $51,000, outstanding cheques are $14,000, a deposit of $3,000 was in transit at month end and the bank incorrectly recorded a deposit of $1,800 as $1,000, the correct adjusted bank balance at month end is:
Question 6 options:
$51,000 | |
$28,800 | |
$14,800 | |
$40,800 |
Expert Answer:
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