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At the end of September, the Bross Bicycle Company's records showed a cash balance of $3,513. When comparing the September 30 bank statement, which showed a cash balance of $1,860, with the company's Cash account, the company discovered that outstanding checks were $462, bank service charges were $23, and NSF checks totaled $89.
Required:
1) Compute the September 30 reconciled cash balance of the Bross Bicycle Company.
2) Compute the September deposits in transit.
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