Question: Problem Solving MA reporting If the month-end bank statement shows a balance of $54.000_outstanding checks are $18,000, a deposit of $6,000 was in transit at
Problem Solving MA reporting If the month-end bank statement shows a balance of $54.000_outstanding checks are $18,000, a deposit of $6,000 was in transit at month end, and a check for $750 was erroneously charged by the bank against the account, the correct balance in the bank account at month end is a. $41,250. b $42,750 C. $30,750 d. $65,250
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