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Question - Our company received a bank statement with a balance of $10,000. The reconciling items include outstanding checks that totaled $2,000 and a deposit in transit of $1,000. What is the adjusted bank balance after we complete the bank reconciliation?
$7,000
$9,000
$11,000
$13,000
Prepare a schedule of total standard manufacturing costs for the 7,600 output units in January 2014
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