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Business, 09.10.2019 02:00 Kelbee781

In the process of reconciling its bank statement for january, maxi's clothing's accountant compiles the following information:

cash balance per company books on january 30 $4,725
deposits in transit at month-end $1,800
outstanding checks at month-end $520
bank service charges $25
eft automatically paid monthly, not yet recorded by maxi $380
an nsf check returned on a customer account $265

the adjusted cash balance per the books on january 31 is:

(a) $5,855
(b) $4,585
(c) $5,335
(d) $4,055
(e) $4,815

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