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Question - The following information is available to assist you in preparing a bank reconciliation for Karen's Catering on March 31:
a. The balance on the March 31 bank statement is $6,506.10.
b. Not included on the bank statement is a $423 deposit made by Karen's late on March 31.
c. A comparison between the canceled checks listed on the bank statement and the company records indicated that the following checks are outstanding at March 31.
Financial Statement Analysis and Preparation
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